Hindustan Construction Company (HCC) has target of Rs 135-138, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Thacker told CNBC-TV18, "This falls in line with the kind of market action. We are seeing the stocks, which have fallen quite a lot in this entire correction and are now trading close to their support levels. So in such stocks there could be some short covering and we could see some price advance though it may not be very big move in terms of percentage basis."
He further added, "The short term targets would be about Rs 135-138 and the stoploss here would be about Rs 125 which is a very strong support level."
