Above Rs 185, Indiabulls Fin has target of Rs 220: Sharma

Published on Thu, Jul 21, 2011 at 15:01 |  Source : CNBC-TV18

Updated at Thu, Jul 21, 2011 at 17:02  

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Jatinder Sharma, Partner , Equity Strategists

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Above Rs 185, Indiabulls Financial Services has target of Rs 220, says Jatinder Sharma, Partner at Equity Strategists.

Sharma told CNBC-TV18, "Indiabulls Financial is looking interesting but it needs to close above Rs 185 levels. It has made a strong bottom after consolidating for last three-five months and now it is showing signs of breakout above 185 levels. Once it settles above Rs 185 the next target to look out for this particular counter would be Rs 215-220 levels."

Disclosure: I don't have any personal positions in any of the above stock but we have recommendations in many of these stocks to our clients.

  

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