Titan Industries has support at Rs 175, says Anil Manghnani, Modern Shares & Stock Brokers.
Manghnani told CNBC-TV18, "I think Titan is going to atleast retest the lows, eventually it's possible to go Rs 160. But I still think that Rs 175 is a support area but one more test of it would be ideal to at least suggest that maybe in the short-term it's bottomed out. So a sell here with a target back at Rs 175."
He further added, " Apollo Hospital has been one of the stronger stocks in the market. It gone and made a new life high, which is very commendable in this market. I think it's corrected from Rs 635 but even if that is the high it needs to go and retest it or if not take it out. So with a stop of Rs 588, we should see at least a trading bounce in that stock."
