Technical Analyst, Sudhanshu Pandey of LKP Shares is of the view that one can buy Adlabs Films.
Pandey told CNBC-TV18, "Adlabs is trading around Rs 520 today and it is looking attractive for buying. The nearest support is around Rs 508 and Rs 500. I would place a stoploss below Rs 500 on a daily closing basis and buy the stock at current levels and look for profit booking somewhere in the range of Rs 560 to Rs 570. This target can be achieved in a matter of 3-4 weeks."
Published on Tue, Sep 09 at 15:04 , Updated at Tue, Sep 09 at 15:07 Source : CNBC-TV18
Pandey told CNBC-TV18, "Adlabs is trading around Rs 520 today and it is looking attractive for buying. The nearest support is around Rs 508 and Rs 500. I would place a stoploss below Rs 500 on a daily closing basis and buy the stock at current levels and look for profit booking somewhere in the range of Rs 560 to Rs 570. This target can be achieved in a matter of 3-4 weeks."
Published on Tue, Sep 09 at 15:04 , Updated at Tue, Sep 09 at 15:07 Source : CNBC-TV18
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