Moser Baer has support at Rs 25.60, says Anu Jain of IIFL Private Wealth Management.
Jain told CNBC-TV18, "Moser Baer - the whole sector did well so along with that Moser Baer performed. If it holds on to Rs 27 then there is a possibility of a sharp move again, the support is at about Rs 25.60 and it has definitely broken out of averages but there is resistance around Rs 28-29."
She further added, "If it manages to hold on to current levels its attempted Rs 29 and then if it holds those then Rs 31 but if I was holding this stock I would probably keep a stop loss of Rs 27."
