Indiabulls Sec has target of Rs 59-60: M Thacker
Published on Tue, Sep 15, 2009 at 10:00 | Source : CNBC-TV18
Updated at Tue, Sep 15, 2009 at 11:24
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Indiabulls Sec has target of Rs 59-60: M Thacker
Indiabulls Securities has target of Rs 59-60, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Indiabulls Securities has target of Rs 59-60, says , Technical Analyst, miteshthacker.com.
Thacker told CNBC-TV18, "The weekly charts of Indiabulls Securities are very good certainly. Last time this stock came back from levels of around Rs 55 which was also the high this stock made in the month of June. So I think it has got two tops over there. In the meanwhile we have got a very small correction to levels of around Rs 51-50. I think this time the stock is poised to get beyond this level of Rs 55 and test the next supply area of Rs 60; Rs 59-60 would be the price target and Rs 51 would be the stoploss for the trade."
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