Wait before investing in Prime Focus: Kunal Saraogi

Kunal Saraogi, Technical Analyst, www.equityrush.com in an interview with ET Now discusses Prime Focus.

Prime Focus, how far it can go up probably is it time for correction?

Well if you look at the chart for Prime Focus I think of course the stock has run up. I would rather wait on the stock before actually taking a position now. The stop losses are going to be very deep if you try to get into it now. So I would rather look for opportunities else where then get into a stock that has already run up so much.