Aptech has support at Rs 212

Published on Mon, Feb 26, 2007 at 11:34 |  Source : Moneycontrol.com

Updated at Mon, Feb 26, 2007 at 13:56  

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Anil Manghnani of Modern Shares & Stock Brokers is of the view that Aptech has support at Rs 212.

Manghnani told CNBC-TV18, "Midcap technologies held out last week whether an Aptech, Rolta these stocks went and hit new highs last week even in a market that was cracking, so still shows a lot of strength. I think that's probably a neutral sector going into the Budget not so much interest sensitive at all. Buy any fall in the midcap or maybe largecaps like Infosys, Wipro and HCL Tech those three look the best, so buy any fall in the IT sector. Level wise for Aptech Rs 212 is a good support if it does break that also back close I think back closer to Rs 180 levels; I doubt it would go there even shallow fall in Aptech would be a buying opportunity."

  

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