Buy NELCO, target Rs 125: Simi Bhaumik

Simi Bhaumik of simibhaumik.com told CNBC-TV18, "I have three stocks in my radar one is NELCO which is rocking today. I am given a buy call even at these levels. Stop loss would be below Rs 95. My target would be Rs 120-125. This stock is staging massive breakout – one year breakout above Rs 112. So, this is going to do well now."NELCO closed at Rs 113.20, up Rs 12.50, or 12.41 percent. It has touched a 52-week high of Rs 115.20.