HomeNewsBusinessStocksGo long in Sun Pharma, target Rs 795: Aditya Agarwal

Go long in Sun Pharma, target Rs 795: Aditya Agarwal

Aditya Agarwal of Way2Wealth Securities recommends going long in Sun Pharma with a target of Rs 795.

June 01, 2016 / 13:19 IST
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Aditya Agarwal of Way2Wealth Securities told CNBC-TV18, "In last two days, Sun Pharmaceutical Industries has seen a sharp correction, but on the lower side if we see on weekly or monthly chart, the stock has a very crucial support in the range of Rs 757-760 levels. From those levels, we have seen a minor pull back in the counter. So, we are expecting some short covering in Sun Pharma in the next one or two trading sessions.""We are expecting the stock to test Rs 795 levels. So, with a stop loss of Rs 756, one can go long at current level with target of Rs 795."

first published: Jun 1, 2016 01:19 pm

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