Wait and watch for DQ Entertainment: Shardul Kulkarni

In a chat with ET Now, Shardul Kulkarni, Sr. Technical Analyst, Angel Broking, shares his views on entertainment stocks.

Have you looked at any of these animation, entertainment stocks?

DQ Entertainment is moving sideways presently. So I would look at a breakout above the levels of 124-125. If the deal which they have just done is really positive and the results do give you a good sense of the stock, a breakout above 125 levels would be a good time to enter into the counter.