Mithil Pradhan of Violet Arch Capital Advisors recommends selling Lupin and advises buying Infosys July straddle.
Mithil Pradhan of Violet Arch Capital Advisors said his long-term target on GAIL stood at about Rs 550-600. According to him, “The stock will make a new high in the next two-three years.â€
According to Mithil Pradhan of Violet Arch Capital Advisors, IVRCL has a target of Rs 20, as it was creating a descending triangle pattern which is a bearish pattern, Pradhan added.
Mithil Pradhan of Violet Arch Capital Advisors is of the view that traders can get in to Deepak Fertilizers at this level.