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Suven Life Sciences can touch Rs 60: Thacker

Published on Mon, Mar 22, 2010 at 17:22 |  Source : CNBC-TV18

Updated at Mon, Mar 22, 2010 at 19:33  

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Mitesh Thacker, Technical Analyst, miteshthacker.com

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Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that Suven Life Sciences can touch Rs 60.

Thacker told CNBC-TV18, "We have been tracking Suven Life Sciences for sometime now. Very clearly the stock price has been moving up with good price action as well as backed by strong volumes numbers. The uptrend remains intact and the stock price Rs 60 is the target we are looking at, so it is one midcap which is now into very strong medium term uptrend so this is a good hold. I think over the next few weeks probably inch towards levels of around Rs 60."

  

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