VSNL likely to test Rs 475

Published on Thu, May 03, 2007 at 12:20 |  Source : Moneycontrol.com

Updated at Thu, May 03, 2007 at 15:09  

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Salil Sharma, Technical Analyst, .

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Technical Analyst, Salil Sharma is of the view that Videsh Sanchar Nigam , VSNL likely to test Rs 475.

Sharma told CNBC-TV18, "VSNL was not performing as well as the other telecom shares but now it is doing some catch up act, it has crossed above Rs 440-445 resistance zone. If it closes above that then it could go up to next level of around Rs 475 and then to Rs 510."

  

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