Kunal Bothra, head of Advisory at LKP told CNBC-TV18, "Right price to enter Strides Arcolab would be very close to Rs 780 or Rs 800. If the stock goes below Rs 780-800 then the view changes for Strides Arcolab and on the other hand if the support maintains at Rs 800 then it is a good buy, good entry level."
"Hold onto it. At Rs 800 it is a good risk reward for to trade Strides Arcolab," he adds. Disclosure: He does not have any personal holdings in the stock, but at LKP he recommend the stock to his clients as well.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!