Lanco Infratech may give 25-30% returns in 6 months horizon
Published on Monday, February 8th, 2010 at 10:16 PMAuthor: stockalert (2027 Articles)
Rahul Mohindar, viratechindia.com feels that Lanco Infratech may give 25-30% return in six months horizon.
“If I look at the long-term chart of Lanco Infratech, I still think it looks fairly promising. But if you are going to enter at these levels then your risk reward ratio is going to be against you, as I have been pointing out the overall sense on the market doesn’t look all that clear in terms of the bull side. So I probably wouldn’t say it’s worth a fresh entry after this dash up. But if you are looking at this as a stock in your portfolio for more than six months horizon, I see no problem in getting 25-30% kind of return on it.”
Source : MoneyControl
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