Hold Unitech, says Anu Jain

Anu Jain, VP-IIFL Private Wealth Management at India Infoline is of the view that one can hold Unitech.

Jain told CNBC-TV18, "I continue to hold Unitech. It has basically moved up and yesterday it went on to about Rs 94-94.50. My target is Rs 104 that is where the resistance is. But for a medium-term to a long-term pick, I would say it would probably go up to Rs 120. So I think it is a fairly good hold for a swing trade as well as for the long-term and I would continue to stick with it.”