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Go short on Unitech: Devangshu Dutta

Devangshu Dutta, Consulting Editor of Outlook advised going short on Unitech, with a stoploss at Rs 35.50.

June 17, 2011 / 11:04 IST
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Devangshu Dutta, Consulting Editor of Outlook advised going short on Unitech, with a stoploss at Rs 35.50.


Dutta told CNBC-TV18, "Unitech is coming under selling pressure; the stock could test its current 52-week low of above Rs 30 in the next 3 sessions. Keep a stoploss at about Rs 35.50 and go short. Book profits between Rs 30-31."
first published: Jun 17, 2011 10:35 am

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