Buy Lovable Lingerie, says Rakesh Gandhi

Buy Lovable Lingerie, says Rakesh Gandhi, Senior Tech Analyst, LKP.

Gandhi told CNBC-TV18, "Lovable Lingerie is up by around 8% at this point of time and I think it is closing at a new high. What it has been closed at Rs 449 before 2-3 weeks, so today closing above that level of Rs 449 or maybe around that level also would give some momentum and I think stock can see further higher levels upto Rs 500 so that is one stock that one can buy and hold on."
He further added, "Another stock is Exide Ind and it has recovered all the losses that we have seen in this week and is currently up by 4% in this week. So if one also buys or holds Exide it has a potential to go up to Rs 180 or may be 185 levels, it could be a trading bet. There should be a stop loss of Rs 150 or Rs 153 for any long position, which is created on Exide at this point of time." Disclosure: We have been regularly recommending all these stocks to LKP clients. I am not holding the above stock.