NIIT Tech has target of Rs 180-190: M Thacker

Published on Tue, Nov 24, 2009 at 10:58 |  Source : CNBC-TV18

Updated at Tue, Nov 24, 2009 at 11:27  

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NIIT Technologies has target of Rs 180-190, says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "NIIT Technologies looks stronger compared to other midcap stocks. The stock has been making higher tops and higher bottoms and there are no signs of weakness or distribution emerging. I think the uptrend remains intact, very much in force, so Rs 180-190 will be a good target for a couple of weeks but overall the stock has the potential and the price pattern to go even higher."

  

Entities: Mitesh Thacker
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