Watch the interview of Sameet Chavan of Angel Broking with Latha Venkatesh & Reema Tendulkar on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Below is the verbatim transcript of Sameet Chavan's interview with CNBC-TV18
Adani Ports
"Adani Ports has been consolidating in the range of Rs 318-305 since last couple of weeks. Today it has given a breakdown of an inverse head & shoulder pattern with a downside gap. This clearly indicates possibility for further correction towards Rs 290-288. Hence we have a sell recommendation for a target of Rs 288 and a stop loss can be kept at Rs 312."
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