Uptrend for Vishal Retail: Sandeep Wagle

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

A quick word on some of these retail counter Pantaloon Retail even a Vishal Retail if you happen to track that one?

Between the two I will go with Vishal Retail. I definitely see a 7% to 8% up move from here in the current level so it’s a good trading play from this level I would say. But then it will depend on how the Nifty behaves and whether it takes out 5600, which as of now we do not hold that view. So yes at this point in time between the two Vishal Retail looks good for a target of around Rs 35 or so I think currently it is at 31.50-32 so yes 7%-8%-10% upside yes.