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Q.

Can any one tell me about unitech that what to do?i am having 1000 shares @43.88

Tags: money, 1000 shares
Asked by brijesh parikh, 09 Feb '11 11:03 am
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Answers (1)

1.

44 is the near term resistance. 35 being the short term targets and this share is below 50, 100 & 200 DMA's. Expected to slide further, with all SCAM news surrounding fraudulent Telecom license getting louder.
Smart would be to either EXIT, or be ready to keep averaging all the way down ( if one is keen to marry this company and Realty sector in particular). Divorce, later, may be too costly...So, understand the risks and reward and decide on your own.
Answered by Ramesh Chordia, 09 Feb '11 11:11 am

 
  
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