IRB Infra has target of Rs 180-185: Bothra

IRB Infra has target of Rs 180-185, says Kunal Bothra of LKP.

Bothra told CNBC-TV18, "IRB has a very strong technical bottom formation at this point of time. I think Rs 160 and Rs 158 which it managed to form there. You saw a good volume support at this point. Last week or so look at the indicators, probably the MACDI as well as the RSI, they are giving a very strong indication that this might be a very short term bottom for this particular stock. I think IRB precisely can look at the target of Rs 180 and Rs 185 at this point.