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Last Updated : Jun 03, 2016 03:46 PM IST | Source: CNBC-TV18

Stay invested in Igarashi Motors: Sandeep Wagle

According to Sandeep Wagle of powermywealth.com, one may stay invested in Igarashi Motors.

Sandeep Wagle of powermywealth.com told CNBC-TV18, "Igarashi Motors is likely to move in Rs 560-700 band and the pattern is not that bad but it may just continue to move sideways. The bigger move will come only if Rs 700 is broken. If one has the patience, one can hold on and if Rs 700 is broken, one can add on, then even Rs 775-800 would be likely."

"On the downside, I would say keep a stoploss of Rs 550 - if that is broken, the stock can go below Rs 500," he added.

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First Published on Jun 3, 2016 03:46 pm
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