Multi Commodity Exchange of India gaining traction, buy for a target of Rs 1510: Dharmesh Shah

Multi Commodity Exchange of India Ltd. volume is surging in market, Buy for a target of Rs 1510 and a stop loss of Rs 1278

By ETMarkets.com | Updated: Oct 18, 2016, 01.51 PM IST

Dharmesh Shah of ICICI Direct has given a buy call on Multi Commodity Exchange of India Ltd. at Rs 1367.45 as trading volume surged to 22390 over previous day. Shah gave the target of Rs 1510 and a stop loss of Rs 1278. The analyst said it will take 1-3 days for the stock to reach the target.

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