Yogesh Mehta of Motilal Oswal told CNBC-TV18, "For infrastructure and realty, Unitech would be too narrow kind of range here because all the realty stocks are plunging down to the new lows or on 52 week lows earlier like Indiabulls Real Estate and DLF is again back to Rs 190 and Rs 200 range and Unitech as well, however better avoid this kind of stock."
He further added, "If one has to play this stock on long side then keep 75 paise to 1 rupee stop loss and not more than that on adverse side. However, I will recommend not trading on this side."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
