Navneet Publications has target of Rs 76: Anil Manghnani

Navneet Publications has target of Rs 76, says Anil Manghnani, Modern Shares & Stock Brokers

Manghnani told CNBC-TV18, "Navneet Publications is the midcap ideas, which has done really well last month with  good volumes. I still think it has an unfinished target closer to Rs 76 and the stock has retraced yesterday from maybe  Rs 70-71 all the way to Rs 66. So I think it is giving a buying opportunity. If you are a strict trader maybe Rs 64  stoploss, but I think a little deeper stop would be closer to Rs 61 and then play for a target of Rs 76."
He further added, "I have given NHPC as a buy a couple of weeks back around Rs 23.50 or Rs 24. I think that first  target is about Rs 27. But if you are looking more medium-term, I think it is headed to about Rs 29."