RNRL is a very clear breakout: Sandeep Wagle

ET Now Technical Check with Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com.

You have got a buy call on RNRL and Lanco Infratech?

Yes. RNRL is a very clear breakout, only one rider is that it is possibly event based, news based, so one has to take precaution on that but the charts are very clearly suggesting a breakout from 65 levels and we have a buy in the range of 66-65. We have a stop loss of 63.50 and a target of 74, which can come in the next 5-8 trading sessions. In case the market stabilises a bit, RNRL and Lanco will outperform. We have a buy in LITL in the region of 62-60. Whole day the stock has been up on Wednesday and stop loss is 57.90, target is 74.50.