Sandeep Wagle of powermywealth.com told CNBC-TV18, "In HCC the pattern has turned positive over the last couple of months. I would recommend to hang in Hindustan Construction Company (HCC). I don’t see any problem as such."
"I would recommend a stoploss of Rs 30 below which if it would starts trading it will become weak and 12 months target could be Rs 65-70. If he is looking for a short-term then probably Rs 45-50 is where one should look at booking out. I don’t see the stock go beyond that in the next three to six months," he added.