Sell Educomp on evry rally & buy MindTree on every decline: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in a chat with ET Now talks about Educomp and MindTree.

What is your view on Educomp and MindTree, completely different set of moves. How do these stocks look?

Educomp is purely looking weak, sell on every rally is my choice and I would not be surprised if it tests 660-640 somewhere in-between that, so I will not touch this stock before it reaches there and MindTree is a stock, which I would buy on every decline, so possibly around 620-615 is a level where I am comfortable buying and I would place a target of somewhere around 665-670, this would be a small-term trading target. Weekly move in the longer term, it can go beyond 700.