Buy Gujarat Flourochemicals for target of Rs 177-187:Nirmal Bang

MUMBAI - Nirmal Bang has advised traders to buy Gujarat Flourochemicals for target of Rs 177-187.

“Buy Gujarat Flourochemicals from a short-term investment view. After a long time of consolidation, the stock is about to give a breakout if it holds above Rs 160 in the near-term.

Strong support is seen at Rs 154 level and the stock is well placed above all its moving average. Immediate target we see is Rs 177 - 187,” the report said.