Buy Aban Offshore with target of 390: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on various stocks.

ET Now: What is your call on Aban Offshore?

Mitesh Thacker: Aban Offshore is a stock which we have been positive for sometime. The stock has just given a breakout above levels of 350-355 yesterday with strong volume actions happening. So, 351 now becomes support as well as stop loss. The up move as a result of this breakout could extend to levels of 390 which is the price target.