Unitech may move up further in short term: Sukhani

Sudarshan Sukhani of s2analytics.com feels Unitech may move up further in short term.

Sukhani told CNBC-TV18, "Unitech is good for more. It is making all the right signs, maybe one wants to wait for intraday dip or a couple of days of correction. All stocks correct. It is basing out and suggesting higher levels are ahead at least in the short-term."
The share touched its 52-week high Rs 40.90 and 52-week low Rs 18.80 on 15 January, 2013 and 04 September, 2012, respectively. Currently, it is trading 27.63 percent below its 52-week high and 57.45 percent above its 52-week low. Market capitalisation stands at Rs 7,744.25 crore.