Mold Tek Technologies may move to Rs 199-210: Jai Bala

Jai Bala of Cashthechaos.com told CNBC-TV18, "There are several stocks that are alluring at this point of time. You should have a focus of something like two to three months now that we are approaching the end of the calendar year. There are several stocks like Engineers India (EIL) which probably has put in a correction – completion of a correction around Rs 205 from a two to three months perspective. I think it looks like it can scale about Rs 334."

"Mold Tek Technologies has had a phenomenal run from the Rs 40 to Rs 180. I think it is completing a good correction as of this week. Once the stock closes above Rs 123 this will scale about Rs 199-210," he added.