HomeNewsBusinessStocksBuy Biocon, HPCL, Liberty Shoes; sell TVS Motor: Sandeep Wagle
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Buy Biocon, HPCL, Liberty Shoes; sell TVS Motor: Sandeep Wagle

Sandeep Wagle of powermywealth.com recommends buying Biocon, HPCL and Liberty Shoes and advises selling TVS Motor.

April 05, 2016 / 11:25 IST
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Sandeep Wagle of powermywealth.com told CNBC-TV18, "Very clear price and volume breakout should see higher levels. I would buy Biocon at the current level or maybe on declines towards Rs 517-518. Do not see too much of a correction beyond those levels. I would place my stop loss at Rs 510 and play for a target of Rs 552 over the next few trading sessions.""My second call is a buy on Hindustan Petroleum Corporation with a stop loss of Rs 804 for target of Rs 832," he said. "On market correcting, I will go with a sell in TVS Motor with a stop loss Rs 324 for target Rs 310.""I have given a buy in Liberty Shoes yesterday when the price was around Rs 163-164 and I had talked of a target of Rs 185. If somebody has bought it yesterday at those levels of Rs 185, one can place the stop loss a little below Rs 170 and hold on. I see even targets of a little over Rs 190 coming in," he added.

first published: Apr 5, 2016 11:20 am

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