Lupin not a strong stock, prefer Biocon, says Sandeep Wagle

The latest analysis and commentary by stock market gurus Sandeep Wagle of powermywealth.com, and Shahina Mukadam, an Independent Market Expert on what is moving the markets today. They also answered viewer stock queries.

Answering a viewer query on Lupin, Wagle said, ‘if the view is medium term, I would say exit on a bounce around Rs 800-820 as the stock can test even Rs 700 levels were the market to go down from current levels. So in that sense Lupin is not a strong stock. Instead of that if he wants to be in pharmaceutical, I would recommend a Biocon.’