HCC has support at Rs 69: Manghnani
Published on Fri, Jul 04 at 10:36 , Updated at Fri, Jul 04 at 12:34
Source : CNBC-TV18
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Anil Manghnani of Modern Shares & Stock Brokers is of the view that Hindustan Construction Company, HCC has support at Rs 69. Manghnani told CNBC-TV18, "Indian Hotels is already in a bear market. This stock didn’t even perform in the bull runs, so I would not pay too much of attention to yesterdays move." He further added, "Hindustan Construction is a very beaten down stock and is a major support around the Rs 69 mark, so I think its bouncing from there. It’s a trading bounce and nothing to look into it but if you are holding, maybe you can hold right now the stock below Rs 69." |
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