Buy Cairn India at Rs 363-364, says Anu Jain, Sr Vice President, IIFL Private Wealth Management.
Jain told CNBC-TV18, "I have been bullish on Cairn India for quite sometime now; even at these levels it's giving a breakout. So I would say if you had to make a fresh buy probably a dip till about Rs 363-364. It's looking good for Rs 402."
She further added, "Crude itself is playing out which via had build-up that trade at about Rs 343-345 and if I am an investor I will probably look for higher goals, so I would probably look at Rs 345 also. But right now Rs 360 should be a stop loss, Rs 365 is up to the dips you can buy even at Rs 372 its looking decent to pickup because it's into a completely new zone and I would look at about more than Rs 400 as targets."
