HDIL has resistance at Rs 90, says Hemen Kapadia of chartpundit.com.
Kapadia told CNBC-TV18, "HDIL has support at Rs 70. You have the 55 day exponential moving average at Rs 70 so if Rs 70 holds, outlook remains positive."
He further added, "I think the big resistance comes in at Rs 90 but that's pretty far, so I am not sure if that makes too much of relevance. I don't see any other important level before that but these positives could continue for a few trading sessions more."
