Buy Gammon India as it can go upto 90: 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 Gammon India?

Mitesh Thacker: I have got a buy on Gammon India. This is one stock which has been falling for last number of months, extremely oversold on monthly and weekly charts. It has corrected from levels of about 200 plus to about 70 odd levels. It is now showing signs of reversal. So probably it has made a temporary bottom, could go up to as high as 90 odd levels. 77 would be a good trading stop loss over here.