HomeNewsBusinessStocksMcleod Russel may touch Rs 330-350: Nooresh Mirani

Mcleod Russel may touch Rs 330-350: Nooresh Mirani

According to Nooresh Mirani of AMSEC, Mcleod Russel (India) may touch Rs 330-350 in the short term.

December 05, 2013 / 15:43 IST
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Nooresh Mirani of AMSEC told CNBC-TV18, "We like McLeod Russel (India). The stock has given a cup and handle breakout above Rs 290-292 levels. This gives us a target implication of almost Rs 330-350 in the short-term."

"One can look towards buying it at current zones with a stoploss of Rs 285 on a closing basis. So that is one interesting stock which has come up in the midcap segment for us," he said. Disclosure: He does not have personal position in the above stock.
first published: Dec 5, 2013 03:43 pm

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