Wednesday, August 12, 2009

Unitech has support at Rs 83: Anu Jain

Anu Jain, VP-IIFL Private Wealth Management at India Infoline is of the view that Unitech has support at Rs 83.

Jain told CNBC-TV18, "Unitech has broken the crucial support that it was having at about Rs 87-88; it’s gone below that. The target is about Rs 83 because that’s where the next support level rise and I believe that this is already weak and with the market getting weaker this could give up today."

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