Gammon India has target of Rs 275-280: M Thacker

Published on Wed, Oct 14, 2009 at 11:29 |  Source : CNBC-TV18

Updated at Wed, Oct 14, 2009 at 15:02  

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Mitesh Thacker, Technical Analyst, miteshthacker.com

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Gammon India has target of Rs 275-280, says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, " IRB Infra or Gammon India remain in middle of a good uptrend. Even in the short-term they are making new highs. So it is good to have a positive bias on both these stocks. Gammon India moved up very strongly on Monday - very clearly Rs 275-280 could be a good short-term target on the stock. IRB has targets beyond Rs 300 because the weekly charts still remain very strong. The uptrend is far from over in the stock."

  

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