Venkys has target of Rs 505-510: Kulkarni

Published on Wed, Feb 08, 2012 at 14:42 |  Source : CNBC-TV18

Updated at Wed, Feb 08, 2012 at 15:31  

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Shardul Kulkarni, Sr Technical Analyst, Angel Broking

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Venkys has target of Rs 505-510, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking.

Kulkarni told CNBC-TV18, "Venkys India is one of the counters where we have seen good momentum and the stock may move higher. We have a target price around Rs 505 to Rs 510. The stoploss for the trade would be at Rs 440."

He further added, "You can buy Uflex around Rs 144-145, stop loss would be around Rs 135 and expect target price of Rs 160. ILandFS Engineering and Construction Company is one counter which is moved up already 10% in today's trading session but there is a possibility that the stock may move even higher. So these are the three stocks wherein we feel that possibility of an upside does exist." 

Disclosure: We may hold positions in the above stocks.

  

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