Titan a good buy above 1878: Rohit Shinde

ET Now spoke to Rohit Shinde, Asst. VP, Technical Research, CD Equisearch Pvt Ltd, on his market recommendations.

ET Now: Anything immediately on the charts that is looking good? Kohinoor Foods has picked up again another 8% right now, anything from the broader market space that is drawing attention?


Rohit Shinde: Titan looks very good. Yesterday, it closed at 1867 levels approximately. It is a good buy above 1878 levels. Please understand this buy is just for today only, maybe up to Monday.

It is not a good medium term or short term buy. So if you can buy it above 1878, once it goes above that, we can easily get a target of approximately 1900 levels and keep a stop loss of 1868. There is a good movement about SGX above 37 levels plus good volumes yesterday as well. So it is a good buy above 1878.