powerfulpicks stock opinion: Unitech currently hivering around 84-85 and can easily reach 96 in next 2 months and 110 by March 2011.
Short term investors may consider buying in small quantities below 85, but above 81 (stop loss). Please note though that India's high trade deficit and inflationary pressure may lead RBI to significantly raise interest rates towards the end of the year. If that happens, Unitech may not be able to reach the 2nd target and will slump down once again to sub-ninety levels.
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