Moser Baer may go upto Rs 140: Bhambwani

Excerpts from Markets Midday on CNBC-TV18 Watch the full show » RELATED NEWS Moser Baer surges on winning order worth $500 mn Above Rs 110, Moser Baer has target of Rs 137: Mathew ALSO READ See previous views by Vijay Bhambwani See what other Experts & Brokerages are saying about Moser Baer See messages about Moser Baer Moser Baer BSE | NSE 13/02/12 Are Mutual Funds betting on Moser Baer?

Technical Analyst, Vijay Bhambwani is of the view that Moser Baer has fair degree of probability of going all the way upto Rs 140 again.

Bhambwani told CNBC-TV18, "Moser Baer has seen a double bottom being made in July and then August at the Rs 95 levels. As long as these levels hold the stock I think has fair degree of probability of going all the way upto Rs 140 again."

Disclosure: Analyst doesn't hold the above stock.