Suzlon Energy has support at Rs 152: Gujral
Published on Monday, September 29th, 2008 at 6:47 AMAuthor: admin (5507 Articles)
Technical Analyst, Ashwani Gujral is of the view that Suzlon Energy has support at Rs 152 and resistance around Rs 203.
“Suzlon Energy is a weak chart and now it’s got support around Rs 152 and resistance around Rs 203.”
He further added, “The entire real estate is also looking quite weak if one puts Lanco in that category. Lanco is now headed towards lower levels of Rs 187 then Rs 160. These stocks are now breaking down below levels that they saw pervious one-two years. So a lot pressure will be visible here. So Rs 236 is a support on Lanco Infratech and unless it get pass that I do not think it has any hope.”
Disclosure: Analyst doesn’t have positions in the above stock.
Source : MoneyControl
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