Rahul Mohindar of Viratechindia is of the view that Mercator Lines can touch Rs 67 in the short term. One should keep a stoploss of Rs 51.

Mohindar told CNBC-TV18, “ Taking a slightly bigger perspective Rs 44 has come in as a very good support for this stock, it held that level and moved up from the right price and I still think there is some good headroom, short term maybe we can head to levels like Rs 67; I would advice the investor to certainly hold on, Rs 51 is the stop loss and I think the momentum is fairly likely to continue especially keeping in mind the backdrop that it kind of moved from that longer term support.