Investors with a short-term perspective can buy the stock of V2 retail at current levels.

The stock is in a long-term downtrend. Its medium-term trend is also pointing downwards. Nevertheless, the stock found a key support at around Rs 100 in late August and began to move sideways with a positive bias.

The stock has the potential to trend upwards and reach the price targets of Rs 120 and Rs 123 in the upcoming trading sessions.

Traders can buy the stock of V2 retail with a stop-loss at Rs 112.