Exit Camlin Fine on bounce: Nooresh Merani

Nooresh Merani of Asian Market Securities told CNBC-TV18, "Looking at Camlin Fine Sciences, over the last couple of years the range has been closer to Rs 75-80 as a support zone and Rs 120 odd has been a resistance, so I believe this range could stay for quite some time and unless the investors have a view of one to two years, I would suggest an exit whenever the stock bounces to Rs 90 to Rs 100 levels and whenever it comes down closer to Rs 75-80, this would be an entry point, but do not expect any great events over the next three-six months, so suggest an exit at Rs 90-100."The share touched its 52-week high Rs 128.80 and 52-week low Rs 77.10 on 29 June, 2015 and 17 February, 2016, respectively.