Buy Titan Company; may move to Rs 245-250: Shardul Kulkarni

Shardul Kulkarni of Angel Broking told CNBC-TV18, "In Titan Company there is a strong bullish engulfing pattern on the daily charts. We feel that it may have bottomed out. The correction from Rs 270 right up to Rs 204-205 looks to be over. So from a positional trader's perspective I would look to buy."

"I would expect that over the next 8-10 weeks this stock can move towards Rs 245-250, so I would have a positive bias in case of Titan Industries," he added.

Disclosure: Analyst may have positions in the above stock and recommended them to his clients.