Selling range of 539-543 suggested for Educomp: www.aptartindia.com

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com in an interview with ET Now talks about breakout level in Educomp.

At what level are you possibly expecting a breakout in Educomp?

We have given a sell in Educomp and the range for selling is 539-543, it has gone to that range. Stop loss of 549 and we are expecting a target of 518 on the downside, basically 5-7% is what we are expecting and this is a stock, which has topped out and once it breaks 535, the move towards 510 on the downside can come in very fast, this is what we believe.