Short term view on Karuturi Global positive: Sandeep Wagle, APTART
Percentage wise, Karuturi Global can give quite a good return.
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| Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about Karuturi global.
What are your views on Karuturi Global?
After a long time it has managed to cross 23-24 which has been a resistance. So short term is positive. I would talk of a move up to 28-29. But having said that, I do not see a move beyond that outer side 30. So it will be range bound between 23-24 on the lower side and 30 on the higher side.
So percentage wise, it is quite a good return, Rs 5, 20%. One can play for that but you cannot expect a big move to 40-45, so on so forth.
What are your views on Karuturi Global?
After a long time it has managed to cross 23-24 which has been a resistance. So short term is positive. I would talk of a move up to 28-29. But having said that, I do not see a move beyond that outer side 30. So it will be range bound between 23-24 on the lower side and 30 on the higher side.
So percentage wise, it is quite a good return, Rs 5, 20%. One can play for that but you cannot expect a big move to 40-45, so on so forth.
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