SpiceJet is looking good on both daily & weekly charts: Sushil Financial Services Private Limited

Ranak Merchant, Technical Analyst, Sushil Financial Services Private Limited in an interview with ET Now talks about SpiceJet and Piramal Healthcare.

How do SpiceJet and Piramal Healthcare look on the charts?

Piramal Healthcare has not done much in a long time now. It has been pretty range bound between 480 and 535 levels, so the best this stock can do in the short term is 545, cannot see anything beyond that in the weekly charts. Plus we do not have a rating on that so pretty range bound then. SpiceJet is looking good on daily as well as weekly charts. Has the potential to rally up to 64 levels and a stop loss can be maintained near 55.