Vishal Malkan of malkansview.com is of the view that CESC may test Rs 560.
Vishal Malkan of malkansview.com told CNBC-TV18, " CESC has broken out above monthly resistances of Rs 450 which was a multi-year resistance and looking like the target of around Rs 600 is inevitable and for short-term I have a stoploss of Rs 520 for targets of Rs 560."
On April 15, 2014 CESC closed at Rs 517.30, down Rs 6, or 1.15 percent.
The share touched its 52-week high Rs 529 and 52-week low Rs 276.95 on 10 April, 2014 and 12 April, 2013, respectively.
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