Ranbaxy Lab can go upto Rs 415-416

Published on Wed, Jan 31, 2007 at 16:41 |  Source : Moneycontrol.com

Updated at Wed, Jan 31, 2007 at 16:59  

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ACC | Ranbaxy Laboratories |

Technical Analyst, Prakash Gaba is of the view that Ranbaxy Laboratories can go upto Rs 415-416.

Gaba told CNBC-TV18, "I will go for ACC because it is hovering around very strong supports of Rs 1025. If the market is to bounce back, it would be the first bet and second would be Ranbaxy. Ranbaxy is still looking good. I like the structure at the lows, it can go to Rs 415-416 levels. I must disclose I have taken positions in both these stocks today."

He further added, "On the midcap side, perhaps I could go for Aptech . It is looking good and there will be some more upside from here."

  

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