Sell Sintex Industries, says Rakesh Gandhi, Sr Technical Analyst of LKP.
Gandhi told CNBC-TV18, "Sintex has been trending since last 1 year above Rs 140. In last 1 year it has made head and shoulder formation with a neckline of Rs 140. Now it has closed below that neckline and I believe that stock could go to lower levels. For a short term I recommend to sell Sintex for a target of Rs 120 and stoploss of Rs 145.
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.