Buy Eros International with target of Rs 282: S Chaterjee

Buy Eros International with a target of Rs 282, says Siddhartha Chaterjee of Trustline Securities

Chaterjee told CNBC-TV18, "Eros International has been my favourite. It is currently hovering around that all time high and that makes technically good buy or buy on the long side on any stock which makes a lifetime high." He further added, "It has retraced and hovering around the level, I think it would resume its upmove, I am betting it today but it might be next week because release of RA.One is likely to happen on the Diwali day. So anytime the move could happen but I am taking a bet that it might happen today, so buy with a stoploss of Rs 265 for targets of Rs 282."