Buy and hold Aban Offshore with stoploss of Rs 1,180: Nirmal Bang

Nirmal Bang Securities has recommended investors to buy and hold the shares of Aban Offshore with a stoploss of Rs 1,180.

MUMBAI: Nirmal Bang Securities has recommended investors to buy and hold the shares of Aban Offshore with a stoploss of Rs 1,180.

"The structure looks positive. If the stock holds above Rs 1,230 in the near term, then the next target is seen at Rs 1280-1320-1360," said the brokerage firm.

At 9:40 am, the company's shares were trading at Rs 1231.10, higher by 1.9 per cent on the NSE.
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