Nooresh Merani of AMSEC told CNBC-TV18, "Technically Aban Offshore gave a breakout around Rs 230 to Rs 250 zone, which has a medium term upside to Rs 350. At current levels it would not be a buy but any dips to Rs 260-270 zone could be an entry point. So overall the view is very positive on the stock."
The share touched its 52-week high Rs 407.35 and 52-week low Rs 200.05 on 07 January, 2013 and 31 July, 2013, respectively.
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