ARSS Infra may go upto Rs 345- 350: Tulsian

Published on Tue, Sep 13, 2011 at 18:07 |  Source : CNBC-TV18

Updated at Tue, Sep 13, 2011 at 20:43  

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ARSS Infra may go upto Rs 345- 350: Tulsian

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ARSS Infra may go upto Rs 345- 350, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "We have been seeing for the last 10 days ARSS Infra has been in accumulation and that was indicating that the stock is accumulated by the informed circle or maybe the value investor and it has been tightly moving in a range of Rs 285 to Rs 295. Generally whenever we see this kind of trend at some point the stock gives a break-out so probably that break-out has come today that is why we are seeing it moving as high as Rs 335. Now since having settled at Rs 329 I think the positive trend is likely to continue. It can go to Rs 345 to 350 maybe in the next couple of days."

  

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