Keep Rs 930 stoploss in NIIT: Mohoni

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Keep Rs 930 stoploss in NIIT: Mohoni

Technical Analyst, Deepak Mohoni is of the view that in NIIT one can keep Rs 930 as a stoploss.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » RELATED NEWS Remain invested in NIIT: Dalal Above Rs 1036, NIIT has target of Rs 1150-1160 NIIT consolidated Q4 PAT up 107% YoY to Rs 17.1cr ALSO READ See previous views by Deepak Mohoni See what other Experts & Brokerages are saying about NIIT See messages about NIIT NIIT BSE | NSE 28/05/12 Are Mutual Funds betting on NIIT?

Technical Analyst, Deepak Mohoni is of the view that in NIIT one can keep Rs 930 as a stoploss.

Mohoni told CNBC-TV18, "It is picking up fair amount of strength again and this has done quite well in the past so with the market apparently going up again it should have a pretty good chance of getting positive returns. For the moment one should keep a stoploss of Rs 930 to protect against the market reversal because that is basically what could come in the investor's way."