Rajat Bose of rajatkbose.com told CNBC-TV18, "Yesterday, Sun Pharma Advanced Research Company (SPARC) showed considerable buoyancy and it is looking good and when it acquires momentum, you see very strong movement on the upside. So I would put a stop loss below Rs 409 because this shows large volatility but at the same time I am expecting levels of Rs 438-443 and Rs 449. After a base formation this breakout is taking place."
"Chances are that you might even see it going beyond Rs 449 but suffice it to say that for now, the maximum target of Rs 449 would do. It could be met during the day or it could be met by Monday," he added.
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