Like LIC Housing, Hikal may move to Rs 200: Nooresh Merani

Nooresh Merani of Asian Market Securities told CNBC-TV18, "I like LIC Housing Finance which is close to a range breakout over the last year and a half. So expecting a target price of Rs 540 to Rs 560 with a stop loss at Rs 510 in the stock.""Second stock is Aarti Industries with a target price of Rs 600 with a stop loss at Rs 540," he said."Hikal is another stock in the agro chemical segment which has hit a new all time high and has closed above Rs 175-180, the resistance mark. Expecting a quick move to Rs 200 and may be higher with a stop loss at Rs 175."