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Friday, July 07, 2017
Winning Strokes: Think Different
Today, my recommended Unitech Ltd (Rs.7.80) hit the Upper Circuits in the NSE. I mentioned some days back in this blog, that Unitech Ltd would do well, if it closes above Rs.6.50; which happened yesterday. However, Unitech Ltd is beset with many problems, apart from the negative impact due to GST. The investors are therefore suggested to book some profits and hold the rest with a SL of Rs.7.20.
Rolta India Ltd (Rs.53.20) went for some intermediate correction after it broke out of the previous range. The traders are suggested to accumulate the scrip on Intraday declines for targets of Rs.92-97.