Moneycontrol Be a Pro
Get App
Last Updated : Dec 29, 2017 04:09 PM IST | Source: CNBC-TV18

Hold BPL, above Rs 120 may test Rs 140: Sandeep Wagle

Sandeep Wagle of powermywealth.com is of the view that one may hold BPL.

CNBC TV18 @moneycontrolcom

Sandeep Wagle of powermywealth.com told CNBC-TV18, "BPL is in the Rs 108-120 band and I do not see strength in the short term. The long-term is a different story. I would talk of the stock going beyond Rs 150."

"As of now, I would advise a hold with a stoploss of Rs 106. In case that is broken then the stock can go to two digits. So it does not make sense holding. And once above Rs 120 only, the stock can go to Rs 140. So if one is having a short-term in mind, nearer Rs 120 in case of a rally, Rs 117-118, one should book out," he added.

Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Dec 29, 2017 03:45 pm
Loading...
Follow us on
Available On