Sell Arvind, buy Reliance Infrastructure: Sandeep Wagle

Name: Sell Arvind, buy Reliance Infrastructure: Sandeep Wagle
Uploaded: 2017-05-12T11:19:58+05:30
Description: Sandeep Wagle of powermywealth.com is of the view that one can sell Arvind and can buy Reliance Infrastructure.

Sandeep Wagle of powermywealth.com is of the view that one can sell Arvind and can buy Reliance Infrastructure.

May 12, 2017 / 11:23 IST

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would go with a sell in Arvind, stop loss of Rs 400 and target of Rs 389."

"Buy Reliance Infrastructure with a stop loss of Rs 603 and target of Rs 657," he said.

At 11:18 hrs Arvind was quoting at Rs 399.10, down Rs 8.55, or 2.10 percent. It has touched an intraday high of Rs 404.95 and an intraday low of Rs 393.60.

first published: May 12, 2017 11:19 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