Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessSee more upside in Andhra Bank, sell Vedanta: Sandeep Wagle

    See more upside in Andhra Bank, sell Vedanta: Sandeep Wagle

    Sandeep Wagle of powermywealth.com is of the view that one may see more upside in Andhra Bank and recommends selling Vedanta.

    September 15, 2017 / 11:26 IST

    Sandeep Wagle of powermywealth.com told CNBC-TV18, "I am seeing momentum in Andhra Bank. See some more upside but I don’t know the reason; Rs 54 could be the stop loss and with target of Rs 61."

    "I would go with a sell in Vedanta intraday, Rs 317 is the stop loss and target is Rs 309," he added.

    At 11:21 hrs Vedanta was quoting at Rs 314.80, down Rs 4.80, or 1.50 percent. It has touched an intraday high of Rs 316.15 and an intraday low of Rs 313.35.

    first published: Sep 15, 2017 11:24 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347