Deepak Fertilizers can test Rs 210: Nooresh Mirani

Published on Thu, Sep 08, 2011 at 14:58 |  Source : CNBC-TV18

Updated at Thu, Sep 08, 2011 at 15:00  

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Deepak Fertilizers can test Rs 210: Nooresh Mirani

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Deepak Fertilizers can test Rs 210, says Nooresh Mirani, AVP Technical, AMSEC Research.

Mirani told CNBC-TV18, "Continuing my liking towards fertilizers tocks Deepak Fertilizers is yet another stock which is resilient in the falling markets. In the last 2-3 months, it has been within a range of Rs 155-175. Any break out above the levels of Rs 175 gives us a short term target projection of Rs 195 to Rs 210."

He further added, "If we see over the last few months it has made several attempts at the levels of Rs 173-175. We expect stock to break out above Rs 175 and head to Rs 210 levels in the medium term. My short term target is Rs 195."

  

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