Buy Godrej Industries on correction, may test Rs 750: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "Godrej Industries has already moved up but trend is still positive. I would wait for a corrective move probably near to Rs 550-570 somewhere around that. I think Rs 500 would be a safe stoploss and in the next 12-15 months were those levels to come in and post that the moves could take the stock somewhere around Rs 750 or so. So, our view is positive, but I would wait for some kind of a correction to buy into."

Godrej Industries ended at Rs 618.20, down Rs 1.10, or 0.18 percent on the NSE.