Sasken Communication Technologies has resistance at Rs 162-185, says Technical Analyst, Ashwani Gujral.
Gujral told CNBC-TV18, Lot of midcap IT stocks have moved sideways, have built higher basis, broken out on higher volumes. Sasken now has support at Rs 140, it has got resistance now at Rs 162 to about Rs 185.
If you are so desperate please sell off. These kind of messages show that sasken is in weak hands. That`s why sasken is quoting at less than book value. Probably the promoters should increase their stake
Hello Guest. if you look at the volume being traded is very less...so i dont think this msg will impact the sasken price...i agree to some extend not full..my concern was, thiugh the company is doing good and why not thats reflecting in its price. I heared that they started paying the bonus back. that`s a good sign...I think soem time backk Hai was saying, Sasken Management is not good in communicating to the media though they get new orders...if i have to exit, i have to book loss of 50K in 1000 qts...i will wait for 1 more qtr and decide.
| NIFTY 
