Piramal Health can touch target of Rs 570: Ventura

MUMBAI: Bharat Gala, senior technical analyst, Ventura Securities is of the view that Piramal Healthcare can touch target of Rs 570.

“Indicators suggest that Piramal Healthcare is due for a corrective upside rally. A move above Rs 509 will have a volatile momentum rise for price targets of Rs 525-538-565/570.

Nearest stoploss would be at Rs 480. A move below Rs 476 negates the above view,” Gala said.