Buy Amar Remedies with target of Rs 127: Nooresh Mirani

Buy Amar Remedies with a target of Rs 127, says Nooresh Mirani, Head, AMSEC-Analyse India.

Mirani told CNBC-TV18, "Buy Amar Remedies with a target price of Rs 127 and a stoploss placed at Rs 114. The stock has been in the range of Rs 80-120 over the last one year, yesterday the stock tried to attempt the resistance level of Rs 120, so the volumes have picked up over the last few sessions. So I would expect the stock to head up to Rs 140 in the near term.