HomeNewsBusinessStocksBuy Hero Moto, Tata Communications, Tech Mahindra: Sandeep Wagle

Buy Hero Moto, Tata Communications, Tech Mahindra: Sandeep Wagle

Sandeep Wagle of powermywealth.com is of the view that one can buy Hero MotoCorp, Tata Communications and Tech Mahindra.

August 02, 2016 / 12:29 IST
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Sandeep Wagle of powermywealth.com told CNBC-TV18, "I have got two buys and a sell, I would go with a buy in Hero MotoCorp with a stop loss at Rs 3,210 for targets of Rs 3,345. A buy in Tata Communications with a stop loss at Rs 441 for target of Rs 475. A sell in Cadila Healthcare with a stop loss at Rs 359 for target of Rs 325." "Colgate Palmolive has broken out. That break out level is somewhere around Rs 972 and any move towards Rs 977-978, I would look at a move towards Rs 1,018-1,020 over the next one or two days or may be three days and would place my stop loss a little below Rs 965," he said."In the morning I had a very bullish view on Tech Mahindra, I have talked of targets of Rs 518-520 and I maintain that. It didn't move towards Rs 510 and now it is correcting currently at Rs 498. I would advise a buy at the current level and on declines towards Rs 495 may be Rs 489 may be a safe stop loss. I am maintain my Rs 520-522 target over the next day or two."

first published: Aug 2, 2016 12:29 pm

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