Like MRPL, may head towards Rs 65: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like Mangalore Refinery and Petrochemicals (MRPL). It is looking good to me. I like the way it has moved up from the levels of Rs 52-54-56 and it is like inching forward, strong support at Rs 60 zone, give some time and space, heading to levels closer to around Rs 65. The target is Rs 63 but looks like it is heading beyond that to Rs 65, maybe higher."At 14:03 hrs Mangalore Refinery and Petrochemicals was quoting at Rs 63.60, up Rs 3.80, or 6.35 percent. It has touched an intraday high of Rs 64.75 and an intraday low of Rs 59.