Realty Returns - Unitech
Ali On Content / 20 Jul 2009
Unitech is India’s second largest real estate company. The counter has recently witnessed significant rise in the open interest in the F&O segment.
Unitech
BSE: 507878
CMP: 74.10
Volume: 14677158
Unitech is India’s second largest real estate company. In the last one month, the counter as declined by almost 15 per cent. However, the counter has recently witnessed significant rise in the open interest in the F&O segment. According to a derivative strategist, the counter in the near future is expected to witness decent increase in the price and volumes on the bourses and has given a buy call with target of 20 per cent over its CMP. As per a technical analyst, the counter is expected to see the levels of Rs 82-83 in the short-term and has given a buy call with a stop loss of Rs 69 that is the strong support level for the counter. Thus, high-risk investors can buy the scrip to make a quick buck.
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