Praj Industries has a short term target of Rs 117-120, says Technical Analyst, Mitesh Thacker of miteshthacker.com.

Thacker told "I certainly have a view upon Praj Industries. The stock was looking very good for the last couple of days; Rs 104-105 is the level where the last upmove peaked out. But, I think that’s just a kind of a break, this stock has got more potential; Rs 117-120 is the short-term target for the stock given the fact the Nifty should breakout that’s the where we see this stock to be."