Buy 3i Infotech closer to Rs 84-85: Anu Jain

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Buy 3i Infotech closer to Rs 84-85: Anu Jain

Buy 3i Infotech closer to Rs 84-85, says Anu Jain, VP of IIFL Private Wealth Management.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS 3i Infotech can go upto Rs 120: Betadpur Keep a stoploss of Rs 85 for 3i Infotech: Gujral 3i Infotech can touch Rs 110: Gujral ALSO READ See previous views by Anu Jain See what other Experts & Brokerages are saying about 3i Infotech See messages about 3i Infotech 3i Infotech BSE | NSE 01/06/12 Are Mutual Funds betting on 3i Infotech?

Buy 3i Infotech closer to Rs 84-85, says Anu Jain , VP of IIFL Private Wealth Management.

Jain told CNBC-TV18, "3i Infotech has been in that zone where it kind of goes up to Rs 94-95 and then comes back to Rs 85-86. Its very news driven currently, so I think its consolidating at those levels but closer to Rs 84-85 it makes a good buy."

She further added, " Sasken Communication is not looking good on the chart, so I would refrain from getting into that counter right now. There are better midcap stocks in IT which are looking fairly balanced and not moved up like Patni Computer ."