Strides Arcolab should move to Rs 1360, says Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Pharma and technology are the two spaces I like and that is why I picked Strides Arcolab. This is a stock which has continued to outperform and we will see momentum moving in further. With a stop loss at Rs 1, 250, we think it should move to about Rs 1,360 which means we probably scale into new highs. So that is a good short-term opportunity."At 14:57 hrs Strides Arcolab was quoting at Rs 1,279.00, down Rs 14.50, or 1.12 percent. It has touched an intraday high of Rs 1,317.80 and an intraday low of Rs 1,268.00.