Deccan Aviation

Deccan Aviation is looking strong at current levels. The stock has moved quite nicely yesterday. Even in weak market, the stock is holding strong today. The stock closed at Rs 192 on NSE yesterday. Today, Deccan Aviation has touched a high of Rs 212 and till 12.50, the total volume on NSE crossed 78 lakh shares.

Deccan Aviation can profit in the years to come. The company is in secure hands. After Vijay Mallya bought stake in Deccan, lot of positive news have come on this counter. The company is biggest low-cost carrier in the country.

Technical Analyst Rajesh Jain from Pranav Securities recommended the stock few months back. The stock has touched an all time high of Rs 212 today. For a short term, Deccan Aviation is looking good. The stock may outperform the market as the company is planning to enter international markets.