Global Vectra has resistance at Rs 285

Published on Tue, Mar 13, 2007 at 11:39 |  Source : Moneycontrol.com

Updated at Tue, Mar 13, 2007 at 11:40  

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Hanung Toys and Textiles |

Technical Analyst, Ashwani Gujral is of the view that Global Vectra Helicorp has resistance at Rs 285.

Gujral told CNBC-TV18, "Global Vectra has support now at Rs 270 and resistance at Rs 285. Even Hanung Toys is probably a little range bound between Rs 95 and Rs 145. Just a general guideline, I don't like to trade midcaps between this period of March to May because they are choppy, they don't show a lot of strength and during this period if you have to be long, you need to be long in the largecaps because overall market remains weak during this time."

  

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