Target of around 167 and 172 for Deccan Chronicle: Devang Visaria

ET Now spoke to Devang Visaria, Chief Strategist, devangvisaria.com, on his views on Deccan Chronicle Holdings Ltd.

ET Now: You have recommendation coming in on Deccan Chronicle Holdings Ltd. What are the targets there?

Devang Visaria: We are looking for targets of around 167 and 172 over the next three to four sessions and we would prefer to play long with a stop loss just below 155 levels for DCHL.

The stock has done right amount of consolidation and now has generated enough momentum to achieve our targets.