Aptech has target of Rs 295: Anu Jain

Aptech has target of Rs 295, says Anu Jain, VP, IIFL Private Wealth Management.

Jain told CNBC-TV18, "Aptech is more with a short-term view. We have seen Educomp move the way it did yesterday. Today, both Everonn and Aptech are giving buy signals atleast on the basis of where the charts closed yesterday. Given the fact that it can open down, I think a pullback in Aptech and Everonn is possible. So, I would say if you get it closer to Rs 275 then that is the stoploss around Rs 274.90. A target for the first time would be Rs 295. But again this is a trading target. Beyond this I think for a three-six month view this can definitely cross Rs 305 where the last resistance was. Beyond that, you can get a definite move closer to Rs 350 plus. So, the picks today are more from a longer point of view with a short-term positive bias as well.”