Buy Castrol on dips, says Anu Jain, Vice President, IIFL Private Wealth Management.
Jain told CNBC-TV18, "I like the way Castrol is being building up. Usually it hovers around that Rs 500 levels, doesn't do much but it's held on to those levels, built very much in the whole week. So at about Rs 543 where it closed I would say probably any dip till Rs 530 you should buy into it."
She further added, "For the short-term it is looking poised for about Rs 586-590. But in the medium term the target is of Rs 645 and it can basically even be an investment stock. So if people find it coming lower I would even put money in for about 6 months to 1 year."
