Stay cautious on Jai Corp and Aksh Optifibre: Sandeep Wagle

ET Now caught up with Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, to find out which stocks should be relied upon.

ET Now: What do you think of Jai Corp and Aksh Optifibre, will it hold?

Sandeep Wagle: Aksh Optifibre is 23% up in the last week. So even if it holds, even if it is a 5-7% up move, I do not want to play for that because financially, it does not make sense.

Jai Corp, little sideways. I see a target of somewhere around 280. So if you want to play for that Rs. 11-12, definitely makes sense. Between the two, Jai Corp will be my choice.