A Company of CNX100/CNX 500/MIDCAP
ISIN CODE INE694A01020

Face value – 2.00
Market lot – 1
Turnover in Rs.Lakhs – 47310.9
Total traded quantity – 57187116
52 Week High/Low – 191.45/21.65

Current Price: 83.80
Current Trend: POSITIVE BIAS

Support: 75, 60
Resistance: 148,185

Stop Loss – 63
Target – 150, 180

Technical Report:

Technically UNITECH looks to be bullish as good recovery is expected till the level of 150 TO 180.

All important indicators are making UNITECH a bullish stock. Trend reversal had occurred from the level of 52. Good recovery is expected till the level of 150,180.

If UNITECH manage to trade and sustain above the level of 84 more recovery is expected till the level of 150, 180.

MACD are giving buy signal to this stock. Here 20DMA are crossing the 200DMA from down, which is supporting the MACD signal of buying. Even the trade is heading towards bullish trend.

MFI is at recovery level, which is showing positive trend, more buyers is expected to come at this level.

RSI are also in recovery phase and more recovery is expected to follow, Even increased in volume are also giving bullish signal to this stock.

Our recommendation is to go long (buy) in UNITECH. Buy UNITECH above the level of 84 with stop loss of 63 with target of 150, 180.

Our recommendation is for three to four Months time.