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Max India has target of Rs 220-240: Sanjeev Agarwal

Max India has target of Rs 220-240, says Sanjeev Agarwal, Dynamix Research & Cap Mgmt.

June 27, 2011 / 09:08 IST
     
     
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    Max India has target of Rs 220-240, says Sanjeev Agarwal, Dynamix Research & Cap Mgmt.


    Agarwal told CNBC-TV18, "Max India has been showing a very good accumulation pattern for the first few months. There has been a very strong breakout above Rs 185. So once it crosses Rs 185 with good volume, we will buy it with stop loss of Rs 167 on a closing basis. The target seems to be Rs 220-240 range. That is a range where we should be booking our profits from the stock."

    first published: Jun 27, 2011 09:00 am

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