Piramal Healthcare is a sell: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about Piramal Healthcare and an Adani Enterprises.

What is your take on a Piramal Healthcare and an Adani Enterprises?

Piramal Healthcare may have some more downside. It has moved up quite a bit from 400 to 580 and one more leg of correction is due somewhere. Around 460 is where I think Piramal Healthcare can make a bottom. So for me it’s a sell.

Adani is sideways but long term we are very bullish on Adani. We have a target of 680 to 700 plus. So short term I don’t have a very clear pattern. Some profit booking - if one has bought at lower levels - can be recommended.