125-130 should be a good target for Sun Pharma Advanced: Devangvisaria.com

Devang Visaria, Chief Strategist, Devangvisaria.com in an interview to ET NOW said that 95 will be a good support considering that today's move has been accompanied with very strong volumes and also the fact that there is a good built-up of momentum in this one. So 125-130 should be a good target for Sun Pharma Advanced.

Have you looked at the charts though, Sun Pharma Advanced, 9% up today, do you think it can continue further?

Sun Pharma Advanced, we have been positive for the past couple of months. Today you are seeing a breakout after quite a long time and it has been a real long wait for us I guess.

The stock has potential to go to around 125-130 levels over the next three or four weeks on the maximum side but on the downside, 95 will be a good support from these levels considering that today's move has been accompanied with very strong volumes and also the fact that there is a good built-up of momentum in this one, so 125-130 should be a good target for Sun Pharma Advanced.