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Jan 03, 2018 03:33 PM IST | Source: CNBC-TV18

Hold ADF Foods, says Sandeep Wagle

According to Sandeep Wagle of powermywealth.com, one may hold ADF Foods Industries.

CNBC TV18 @moneycontrolcom

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I think ADF Foods is likely to move in a very narrow band of Rs 300-320. So nearer that, Rs 315 or so, I would recommend booking out. In case Rs 300 were to be broken down, I think one should exit. So one should hold on with a stoploss of Rs 298."

At 15:18 hrs ADF Foods Industries was quoting at Rs 314.15, up Rs 5.70, or 1.85 percent.

The share touched its 52-week high Rs 347.50 and 52-week low Rs 141.00 on 01 December, 2017 and 02 January, 2017, respectively.

Currently, it is trading 9.6 percent below its 52-week high and 122.8 percent above its 52-week low.
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