Feb 22, 2012, 10.45 AM | Source: CNBC-TV18
India Infoline can touch Rs 80-85, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, "India Infoline chart suggests that itís breaking out above Rs 75 and moving towards Rs 80-85 and the contradiction lies in the fact that I have never liked brokerage companies and with some justification. I just heard that everything is going up, so India Infoline is also going up and the charts are quite conducive. So if a trader wants to trade in it there is upside here."
He further added, " Orchid Chemicals has a very good chart in the sense that it has been moving up, pulling back, moving up which is the kind of stock I explained earlier in the morning. That really last, itís a long lasting bull trend rather than just a rally. So Orchid is a buy. Itís not only an intraday buy but it could also be considered to be a position trade."
The company's net profit had stood at Rs 118.9 cro
IIFL Holdings at its meeting held on July 29, 2016
IIFL Holdings board meeting will be held on Friday
The proposed investment is by way of compulsorily