Stay away from Texamo at current levels: Kunal Saraogi

"The level that we watch out on Texmaco is close to 161. I would rather stay away from the stock for now. The stock can be bought if it corrects from here to 155."

Kunal Saraogi, Technical Analyst, equityrush.com in an interview with ET Now talks about Texamo.

Do you track Texmaco on the charts?

If you look at Texmaco, on the charts of course the stock has not done too much. It in fact came down in today’s trade. The level that we watch out on Texmaco is close to 161. I would rather stay away from the stock for now. The stock can be bought if it corrects from here to 155, I would rather buy at those levels rather than buying here. So I will stay away from Texmaco for now.
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