Ramco Industries may touch Rs 142 in 2-3 days: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "Ramco Industries more or less has been trading on a bullish pattern over the last so many quarters and the fact that even after a mild correction last month, closer to Rs 100 odd where the stock touched, it managed to come back to Rs 135 odd levels. The volumes have been good; the swing patterns also are quite decent and even the indicators are at a very strong bullish zone. So from trader's perspective, given a timeframe of two or three days I would look at the target of Rs 142 on the same keeping a stop loss of Rs 130."At 12:46 hrs Ramco Industries was quoting at Rs 132.10, up Rs 3.80, or 2.96 percent. It has touched an intraday high of Rs 136.30 and an intraday low of Rs 128.90.