Sandeep Wagle of powermywealth.com advises selling JHS Svendgaard Laboratories.
Sandeep Wagle of powermywealth.com told CNBC-TV18, "I think JHS Svendgaard Laboratories is likely to move in the Rs 70-80 range in the short-term. Long-term I would be bullish but short-term I don’t see a move beyond that. So, near Rs 80, around say Rs 78 or so I would recommend the sell. In case Rs 70 were to be broken down then further downsides are likely, so keep a stoploss of Rs 68."At 15:06 hrs JHS Svendgaard Laboratories was quoting at Rs 73.85, up Rs 0.55, or 0.75 percent.