Technical Call on Unitech and ACC
ACC
Double Bottom formation if broken can see a good fall
Sell below 966 Tgt 953 and 937
Unitech
Unitech has been thrashed by bears like company is going for bankruptcy.There are stories in market than stock is going for rs 10 levels. Unitech is india 2 largest realty developer.
The current fall is because of some pledging shares and rumors that Morgan Stanley will sell share in open market.
Unitech has clarified yesterday that they have paid half of money and remaining half will be paid by 22 Feb.
Below 50 it becomes a value pick …
Read the full story »
Double Bottom formation if broken can see a good fall
Sell below 966 Tgt 953 and 937
Unitech
Unitech has been thrashed by bears like company is going for bankruptcy.There are stories in market than stock is going for rs 10 levels. Unitech is india 2 largest realty developer.
The current fall is because of some pledging shares and rumors that Morgan Stanley will sell share in open market.
Unitech has clarified yesterday that they have paid half of money and remaining half will be paid by 22 Feb.
Below 50 it becomes a value pick …
Read the full story »
posted by Bramesh at
8:36 AM
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