Spicejet to remain range bound at 64-54 level: Devang Visaria

ET Now caught up with Devang Visaria, Chief Strategist, Devangvisaria.com, to get views on Spicejet.

ET Now: Singh Brothers might be looking at picking up stakes in Spicejet, how is that looking on the charts?

Devang Visaria: Spicejet for all the news and everything the stock has just been doing nothing practically just be it in range bound between 64 and 54 levels. I mean the levels are same to like what we have seen on UCO Bank and the theories again the same you are likely to see a spring like breakout on Spicejet very soon.