Pick AB Nuvo in Rs 2100-2110 range: Aditya Agarwal

Aditya Agarwal of Way2wealth Securities told CNBC-TV18, "In Aditya Birla Nuvo Rs 1,900 was a very strong support area and from those levels, we have seen a pull-back. On higher side, if we see, Rs 2,100 was a very strong trendline resistance area and today, stock has given a breakout above Rs 2,100 level and it is sustaining well above that. With this we have seen some decent roll-overs in the stock."He further added, "It has already rallied by almost Rs 30-35 in the last 10-15 minutes. So, this is not a time to buy. If the stock comes in the range of Rs 2,100-2,110, one can make a long position with a short-term target of Rs 2,170 but our medium-target is Rs 2,200-2,240 in this stock and on the lower side stoploss will be Rs 2,060," he said.