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Hold HPCL, may move to Rs 560: Prakash Gaba

According to Technical Analyst, Prakash Gaba, one may hold Hindustan Petroleum Corporation.

May 26, 2017 / 16:04 IST

Technical Analyst, Prakash Gaba told CNBC-TV18, "On can hold on to Hindustan Petroleum Corporation (HPCL) but have a stoploss below Rs 490. If it breaks Rs 490 then take money off the table. If it climbs up continuously then it can climb levels closer to Rs 560. Take a fresh look at Rs 560. It can go even higher."

The share touched its 52-week high Rs 584.45 and 52-week low Rs 284.27 on 14 February, 2017 and 26 May, 2016, respectively.

first published: May 26, 2017 03:35 pm

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