Sell Sintex Industries above Rs 60: Rakesh Bansal

Rakesh Bansal of rakeshbansal.com feels that one should sell Sintex Industries above Rs 60.

Bansal told CNBC-Awaaz, "One should sell Sintex Industries at above Rs 60. The stock has important support at Rs 60. If it goes down from support level then we can see level of Rs 46-45 at downside."
The company touched its 52-week high Rs 195.00 and 52-week low Rs 58.70 on 31 May, 2011 and 19 Dec, 2011, respectively. Currently, it is trading -67.18% below its 52-week high and 9.03% above its 52-week low.