Wait and watch Shoppers Stop Ltd: Mitesh Thacker

Shoppers Stop would need to get past yesterday’s high which was the 200-day average at about 375-378.

Mitesh Thacker, Technical Analyst, miteshthacker.com in ain interview to ET Now gives his views on Shoppers Stop

What is the call on Shoppers Stop?

Shoppers Stop would need to get past yesterday’s high which was the 200-day average at about 375-378.

Once it crosses probably 380, you might see again some kind of action happening over there. An upside break will depend on the news flow. So, keep an eye on that and trade accordingly.

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