Exit Hanung Toys: Doctor

One can use this sharp rally to exit Hanung Toys partially, says Parag Doctor, Head - Trading Strategies, Keynote Capital.
 
Doctor told CNBC-TV18, “Hanung Toys- I would recommend to use this sharp rally which has materialized to reduce one’s holdings at least partially. If you remember the stock was trading close to Rs 100 sometime back and this is a good opportunity where one can reduce his holding. Rs 140-145 is where there is strong resistance in the stock.”
 
He further added, “Come out of Hanung Toys and maybe switch to a large cap stock like Titan Industries which would probably give better returns in the longer term.”