Would avoid Wockhardt: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about Wockhardt, Rajshree and Venus Remedies.

| May 18, 2010, 11.55 AM IST

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about Wockhardt, Rajshree and Venus Remedies.

What are your views on Wockhardt, Rajshree or Venus Remedies?

Rajshree and Venus do have some upside but I am definitely concerned about the fact that one big take is very scary. It puts your stop loss and risk to rewards makes it haywire. So I would take a note of caution. But having said that, I do still see some more upside, something like a 61-62 levels on a Rajshree Sugar, something like a 285 to 288 levels on a Venus Remedies. I would avoid Wockhardt.

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