Educomp Solutions has target of Rs 875: Daga

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Educomp Solutions has target of Rs 875: Daga

Varun Daga, Founder & CEO of Varundaga.Com said Educomp Solutions has a target of Rs 875.

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Excerpts from Midcap Radar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Varun Daga See what other Experts & Brokerages are saying about Educomp Sol See messages about Educomp Sol Educomp Sol BSE | NSE 10/02/12 Are Mutual Funds betting on Educomp Sol?

Varun Daga, Founder & CEO of Varundaga.Com said Educomp Solutions has a target of Rs 875.

Daga told CNBC-TV18, "Educomp has bounced off well from the lows. In fact it saw some kind of a selling in the last 2-3 months. But it is taking good support and bounced back above the Rs 700 mark quite smartly. The next target on this stock would be Rs 875 and one should have a stoploss on this counter at Rs 685. But overall I think it has made a very smart base from Rs 1000 to 700 and corrected more than 30%. Now again it is seeing that up move coming. Rs 875 should be the target of the stock."