Friday 9 September 2016

Like Gati, Motherson Sumi; stocks may head higher-:- Equity Research

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like Gati , the stock seems to be looking good to me. It has given a good break out today and sustained above it. Gati can climb to levels closer to around Rs 150 zones. It may take a day or two for that, keep stop below Rs 141." "I like Motherson Sumi Systems as well. It has seen a good base formation. The correction that we saw is over and good consolidation has happened. The support could hold at Rs 325 zones. Possible target on the upside in a day or two could be around Rs 350 zones, so Motherson Sumi and Gati seems to be looking up," he said.

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