Technical Analyst Deepak Mohoni has suggested a buy call for Deccan Aviation in case the stock manages to stay above Rs 199 after 3.15pm in today’s trading session.

The stock has touched a high of Rs 200.90 on NSE. Currently, the stock is trading at Rs 198 with a gain of 4.18 percent on NSE.

The fundamentals are looking strong and there is a story of reverse merger as well. In recent trading sessions, stock has seen high volumes. The stock had a nice run after it crossed first major resistance of Rs 162.