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Dec 13, 2017 03:23 PM IST | Source: CNBC-TV18

Pick Jain Irrigation, Sobha, Praj Industries: Sandeep Wagle

Sandeep Wagle of is of the view that one may pick Jain Irrigation, Sobha and Praj Industries.

CNBC TV18 @moneycontrolcom

Sandeep Wagle of told CNBC-TV18, "I will talk of three stocks which we have recommended to our clients around these levels or maybe at little lower levels and they are Jain Irrigation, second call is Sobha, and third call is Praj Industries."

"These stocks have made very positive patterns in the monthly charts and the move should come in at anywhere between 6-12 months to probably 15 months. A 10 percent kind of correction, if at all it comes, should be used to add on to the positions."

"I would generally talk of a 10 percent lower stoploss from that, 15-20 percent kind of risk and I would talk of these stocks appreciating by 50-60 percent in the next 12-15 months," he added.
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