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Last Updated : Nov 07, 2014 12:17 PM IST | Source: CNBC-TV18

Exit Unitech, says Kunal Saraogi

Kunal Saraogi - CEO at Equityrush recommends exiting Unitech at the current level.

Kunal Saraogi - CEO at Equityrush told CNBC-TV18, "Unitech had a big pullback and the stock now is at a level which is a very major resistance on the charts. So my advice here would be to take profits out off the table. Unitech has had a big run, so there can be a bit of downside given that high beta names are struggling around these levels. So I would exit at the current level."

At 12:04 hrs Unitech was quoting at Rs 22.65, up Rs 0.20, or 0.89 percent. It has touched an intraday high of Rs 23.20 and an intraday low of Rs 21.55.

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First Published on Nov 7, 2014 12:08 pm
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