Buy Lanco Infratech, says Gujral
Published on Thursday, November 5th, 2009 at 4:40 PMAuthor: stockalert (1858 Articles)
Buy Lanco Infratech, says Technical Analyst, Ashwani Gujral.
“Lanco Infratech is one of the strongest infrastructure plays, corrected down to Rs 480-485, which previously has been a strong support. So we could buy this with a stoploss of about Rs 450 and target being Rs 526. These high beta plays probably have some more in this pullback to go. So it is better to use high beta because they fell the most, in pullbacks generally the high beta does better.”
Source : MoneyControl
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