Rajat Bose of rajatkbose.com told CNBC-TV18, "Hinduja Ventures yesterday gave price volume breakout. The stock has been consolidating between Rs 300-350-360 for a fairly long period of time last year as well as on the first three months of 2015. After that this current swing has happened from Rs 350 to about Rs 530 levels. There has been a minor correction to Rs 460 and yesterday with good set of volume over 100,000 shares it has moved up again. Chances are that you will see it heading towards Rs 600."
"It has given a medium-term buy signal, so even at current prices if you buy, you are going to get good returns on the upside. I have given a positional call with maximum target of Rs 533; the prior target is Rs 524 and putting a stop loss below Rs 479 on the close. So Hinduja Ventures is a good stock from technical point of view both for short-term as well as for the medium-term," he said.
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