Buy Moser Baer at target of Rs 85: Devang Visaria

In today’s session there are a whole host of these individual movers, likes of a Divi’s Lab or even a Moserbaer, for that matter Aurobindo Pharma, anything that you like on the charts?

Devang Visaria: Moserbaer again we are watching very closely. If you get a breakout above the 70-72 levels, you could have a real spike up in Moserbaer. On the upside on a breakout above 72, you could look for targets of 85 or so. Right now again it is in the accumulation zone and possibly it is just consolidating in this band of 64 to 70, breakout above 72 to just go ahead and buy Moserbaer with a Rs 3 or Rs 4 stop loss and upside target of 85.

Other stock Divi’s Labs has been moving from supports of 200 day moving average. The stock has just completed a pullback to that. So around the stop loss of 698 or so, you could possibly look at Divi’s Labs on upside, we would look for targets of closer to 800 to 825.