HomeNewsBusinessStocksBajaj Auto may touch Rs 2550-2600: Mithil Pradhan

Bajaj Auto may touch Rs 2550-2600: Mithil Pradhan

Mithil Pradhan, CMT Head - Technicals and Derivatives at Violet Arc Global Managers is of the view that Bajaj Auto may touch Rs 2550-2600 in the next three to four months.

August 26, 2014 / 18:00 IST
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Mithil Pradhan, CMT Head - Technicals and Derivatives at Violet Arc Global Managers told CNBC-TV18, "In the large caps I ideally look at something like Bajaj Auto. The stock had a great amount of support around the Rs 2100 zone and it has bounced back very strongly, even in today’s session where the market closed flat."

"Bajaj Auto has closed with some amount of gains. It is something that I want to recommend very strongly because I will look at something around Rs 2550-2600 levels in the next three to four months to be achieved by it," he said.

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first published: Aug 26, 2014 05:36 pm

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