Buy Unitech from trading view: Nirmal Bang

MUMBAI: Nirmal Bang Securities has recommended investors to buy shares of Unitech from a trading perspective.

“Buy from a trading perspective, stop-loss can be placed at Rs 71.90 as huge short covering was seen in the counter. Resistance is seen at Rs 75.50 and if the stock holds above this level then next level could be Rs 79 and thereafter Rs 82,” said the brokerage firm.

Shares of the company were trading at Rs 74.85, up 1.08 per cent or 0.8 per cent on the NSE.