Chouhan told CNBC-TV18, "Nucleus Software is quoting at Rs 110-115 levels. But if we look at the broader activity of the market then what I can say is that at these levels not even midcap stocks are doing well. I think smallcap stocks are doing well. In that we have Nucleus Software. So, our first target is between Rs 140 and Rs 145. But overall, if we take a three-four month view, we can even expect Rs 170 on the higher side. I am not holding the stock but in midcap IT and particularly smallcap IT stocks, I am really interested and would like to go for it."
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stocks/sector.
