S&P BSE SENSEX
26653.60 286.92 (1.09%)
NIFTY 50
8156.65 87.00 (1.08%)
News 
Hindalco Industries may touch Rs 135: Nooresh Merani
07 Oct 2013 05:36 PM | Source: CNBC-TV18
Share:
Hindalco Industries may touch Rs 135: Nooresh Merani
Font Resize: A A

Nooresh Merani of AMSEC Research told CNBC-TV18, "If you look at Hindalco Industries, Rs 115 to Rs 118 was a critical resistance zone over the longer term charts and it has crossed above those levels, which indicate there is a lot of momentum."

"In the short-term, we could be looking towards Rs 135 level till the point it holds Rs 115 to Rs 114 zone. So one can keep a trading stop loss at Rs 114 and look towards a target price of Rs 135 in the short-term," he added.


Back to Top

Stocks in this article

Related News

Read More On
#Nooresh Merani of AMSEC Research #Hindalco Industries
comments 2

« Previous story

Next story »
Font Size:   Feedback Desktop site »
Language: English    हिंदी    ગુજરાતી
© 2016. a Web18 Venture