Buy MRPL for Rs 110 medium-term target: Devang Visaria

On a medium-term level, Rs 110 level is also possible. Here the stop loss is around Rs 78 levels.

In a chat with ET Now, Devang Visaria, chief strategist, devangvisaria.com, shares his views on the outlook of MRPL.

What's the call on MRPL?

We are again recommending MRPL, which has been on our trading horizon for the past couple of weeks. The stock is due for a strong breakout and the first target for the breakout would be closer to Rs 95. On a medium-term level, Rs 110 level is also possible. Here the stop loss is around Rs 78 levels.
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