Atul has target of Rs 218: Nooresh Mirani

Atul has target of Rs 218, says Nooresh Mirani, AVP Technical of AMSEC Research.

Mirani told CNBC-TV18, "Atul gave a huge breakout. It crossed above Rs 202-205 levels and went upto Rs 240 and now it is back to reach the same breakout levels. Now this becomes a good entry point for any investor because the stock has given a long term breakout. I would expect the stock to give a target of Rs 240-300 in the long term. My short term target for the stock is around Rs 218."