Prakash Gaba of prakashgaba.com is of the view that below Rs 29, one should exit KCP Sugar.
Prakash Gaba of prakashgaba.com told CNBC-TV18, "In KCP Sugar for short-term investor, I would say that there seems to be support around Rs 29 zone. If it breaks Rs 29, one should be out. There is a stiff resistance around Rs 32. Ideally I would be out."
KCP Sugar Ind Corp ended at Rs 30.10, down Rs 0.85, or 2.75 percent on the BSE.
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First Published on Nov 11, 2016 04:13 pm