Opto Circuits can go to Rs 245: IIFL

Opto Circuits can go to Rs 245, says Amit Harchekar of IIFL.

Harchekar told CNBC-TV18, "I like Opto Circuits even at current levels. The stock is about to form a piercing line on the daily chart. So I believe since we are sustaining that Rs 225 mark, I expect a pullback in Opto Circuits to be a sustainable one, it can go to Rs 245. So I believe that would be a good bet from a midcap side." Disclosure: We may have suggested some of these stocks to our clients, but no personal holdings.