HomeNewsBusinessStocksLook at ABB, target Rs 1320-1330: Kunal Bothra

Look at ABB, target Rs 1320-1330: Kunal Bothra

Kunal Bothra of LKP Securities is of the view that one may look at ABB for a target of Rs 1320-1330.

October 23, 2015 / 16:38 IST
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Kunal Bothra of LKP Securities told CNBC-TV18, "ABB India in the last one week or ten days precisely has managed to inch up almost 8.5-10 percent. Looking at the prospects, the fact that it managed to break Rs 1,250 today which it failed to probably yesterday or day before, I think it is a good sign from a swing breakout perspective." "So, that is one stock which I would be looking at quite keenly. I would be eyeing closer to Rs 1,320-1,330 as a target for the next couple of days starting Monday. I would probably trade with a stop loss somewhere closer to Rs 1,220 on the same," he said.

first published: Oct 23, 2015 04:34 pm

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