Sterling Holiday has target of Rs 75: Gaba

Published on Wed, Nov 14, 2007 at 14:23 |  Source : Moneycontrol.com

Updated at Wed, Nov 14, 2007 at 15:36  

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Prakash Gaba, Technical Analyst, .

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Technical Analyst, Prakash Gaba is of the view that Sterling Holiday Resort has target of Rs 75.

Gaba told CNBC-TV18, "Sterling Holiday Resort has got a very good bottoming out process around Rs 40 levels, has support at Rs 50. It has gone up to Rs 60 and come back and retested Rs 50. So technically it's a very good stock from here. The minimum target is Rs 75. Give some time and space, maybe a target of Rs 90 is achievable there. So structurally the stock is positive, short-term maybe is around 25% move and slightly give some time and space a 50% upmove from here is possible."

Disclaimer: Analyst holds the above stock.

  

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