Exit Nitin Fire at around Rs 37, says Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "In next three month or six month about Rs 37 is something which I think is achievable in Nitin Fire Protection.""The fundamentals are bit weak but at the same time the potential for the company in terms of business growth does exists. So, I think one can keep a stoploss of about Rs 34 and keep a near-term target of Rs 37 once that is achieved one can shift to another stock may be in another sector which is moving faster," she said.The share touched its 52-week high Rs 55.30 and 52-week low Rs 27.20 on 19 August, 2015 and 12 June, 2015, respectively.