Selling pressure on Spicejet at higher levels: Sandeep Wagle
ET Now caught up with Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, to find out which stocks should be relied upon.
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| ET Now caught up with Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, to find out which stocks should be relied upon.
ET Now: If we could look specifically in the aviation space, Spicejet seeming that double digit growth in passenger traffic, stable crude oil prices also bringing positive news. So in the aviation, is Spicejet a good bet?
Sandeep Wagle: Not really, aviation space discounts something in advance but somewhere I do not feel that comfortable. At higher levels, selling can come in.
ET Now: If we could look specifically in the aviation space, Spicejet seeming that double digit growth in passenger traffic, stable crude oil prices also bringing positive news. So in the aviation, is Spicejet a good bet?
Sandeep Wagle: Not really, aviation space discounts something in advance but somewhere I do not feel that comfortable. At higher levels, selling can come in.
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