Stop loss of 105 and target of 123 for Puravankara Projects: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, on his views on the market.

ET Now: You are bullish on Puravankara Projects. Any specific chart that you see which has caught your attention?

Sandeep Wagle: Yes, it is a breakout yesterday, very high volumes on Friday, highest volumes over the past more than two or three months.

But today this stock is down 2.5% and I would still say that this is still a buy for me with a stop loss of 105 and our target is 123. I would rather tell short-term traders or investors to buy above 110, so that they are with the trend and 123 can come in the next 5-7 trading sessions.