Stay invested in Strides Shasun; target Rs 1400: Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "Strides Shasun is still trended on the long-term charts though on the daily charts, it looks a bit of sideways, so definitely a hold on this and look at targets of around Rs 1,400 and once that gets crossed, we can look at higher targets of Rs 1,600 also."He further added, "The thumb rule is when you come to making good profits on a trending stock is to follow a trailing stoploss. So I would recommend the investor to hold on the stock with a stoploss of Rs 1,150 as a trailing stoploss on this stock."