Sharma told CNBC-TV18, "FMCG is one good defensive space and Gillette is one of the leaders there. It has given an excellent breakout above Rs 1050-1080 and the target in the next 2-3 months could be as high as Rs 1450-1500. So I would suggest a buy at current levels with a stoploss at Rs 1070."
Disclosure: We have recommended the above share to our clients but I do not have any personal holding in them.
