Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would still go with two buys. A buy in Britannia Industries, stop loss of Rs 4,350 and target of Rs 4,446 for a day or two. The second call is a buy in Arvind, stop loss of Rs 408 and target of Rs 426."
"I would recommend a hold on Lloyd Electric (LEEL) with a stop loss of Rs 230. If Rs 230 is broken on the downside, then the stock can even go to Rs 190; then it does not make sense holding on. Once above Rs 263, the stock will get momentum, will see momentum and can even test Rs 290-300 levels. I would talk of this view over the next three to six months," he said.
"I would first recommend a stop loss of Rs 130 on Rain Industries. Over the next three to six months, I would talk of a target of anywhere between Rs 200 and Rs 220."
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