Time to exit Venky's: Rohit Shinde

ET Now spoke to Rohit Shinde, Head Technical Research at Nimbus Wealth Management, for a technical check on Venky's

Your views on Venky's?

Extremely good charts. Volumes have been a concern for this stock but we have been recommending this to our clients also around 1 month back also in the levels of Rs 710-Rs 720.

Looking at these levels also around Rs 870 but only thing is that it is time that people start booking out of the stock because suddenly very strong volumes have come in and suddenly volumes are drying up also, can start making a sideway move.

So those who are into it at lower levels around Rs 600-Rs 700, those who have bought this stock, please exit this, it is a very good level to exit stock.