NHPC can test Rs 27-28: Anil Manghnani

NHPC can test Rs 27-28, says Anil Manghnani, Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "NHPC - post the issue it hasn’t done anything in couple of years. But after long time again volume and steady move, it is been slowly inching up. It is a very slow mover over the last couple of months but it is making all the right noises on the charts."
He further added, "I would keep a stop of about Rs 22.80-23 and play for a little bigger move. I have given Rs 25.75 as the first target but eventually it could stretch to Rs 27-28 also."