May 18, 2010, 05.21 PM IST

Kale Consultants has target of Rs 148: Sharma

Kale Consultants has target of Rs 148, says Technical Analyst, Salil Sharma.

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Kale Consultants has target of Rs 148, says Technical Analyst, Salil Sharma .


Sharma told CNBC-TV18, "We have been suggesting Kale Consultants since long but what is important now is that you have broken up above Rs 120-125 levels today, it has broken out above that level and now it’s major a target resistance would be closer to Rs 148. So this level is achievable next month or so. So, one can go long here with a stop loss of Rs 117.”


He further added, “We like Micro Technology which is quoting around Rs 193-Rs 194. Here one can go long with a stoploss of Rs 180 with a target of around Rs 225."


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