Pick Welspun Gujarat for target of Rs 295

ET Now caught up with Sandeep Wagle, Founder & MD, Aptart Technical Advisory Services on Welspun Gujarat's stock.

ET Now caught up with Sandeep Wagle, Founder & MD, Aptart Technical Advisory Services on Welspun Gujarat's stock.

Welspun Gujarat is an interesting chart pattern, day trading can you pick it up or not?

No, I will pick it up for a five to seven-day view with a target of Rs 295 because the pattern is extremely positive, it has come out of an inverse head and shoulder but as we have been talking about the volumes, the volumes are missing. My conviction is not very high but yes pattern wise, it has the strength to go to around Rs 290-295.
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