Exit Firstsource Solutions, advises Shardul Kulkarni

Shardul Kulkarni of Angel Broking recommends exiting Firstsource Solutions as the stock has significant resistance around Rs 20.50-21.

October 08, 2013 / 13:28 IST
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Shardul Kulkarni of Angel Broking told CNBC-TV18, "I would look at moving out from Firstsource Solutions if I had any positions because the overall chart structure does not inspire too much of confidence."


"The stock has significant resistance around Rs 20.50-21 mark. So I would say that the stock has given stellar returns over the last probably around 6-8 weeks. It has moved from around Rs 10 to around Rs 20. It is best to move out of such counters and get into better companies. Disclosure: It is possible that we have positions in the stock discussed and we have recommended them to our clients.
first published: Oct 8, 2013 01:28 pm

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