McLeod Russel can touch Rs 305: Harchekar

Amit Harchekar, Sr. Technical Analyst -CMT, IIFL India Private Ltd feels that McLeod Russel can touch Rs 305.

Harchekar told CNBC-TV18, “McLeod Russel has given a good breakout above Rs 285 and we believe the stock is heading towards the Rs 305 in the short-term. Again it is a purely momentum trade and we believe as long as the stock holds the Rs 285 support level on the closing basis, the uptrend remains intact.”