Exit HOEC on rallies: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "In Hindustan Oil Exploration Company (HOEC) there could be some pain and one should have a very strict stop loss of Rs 105. If at all it breaks Rs 105 we should surely get out of this stock. But again I also see a correction happening in the market.”

“There might be some kind of surprises coming from you US and global markets. It would be a good strategy where in the things are not very clear to sit on cash and wait for correction to happen. You will get any frontline quality stocks when the corrections happens. So, one should have a stoploss of Rs 105 and wait for some kind of a bounce in the market and exit on rallies,” he added.