Jun 21, 2013, 05.48 PM | Source: CNBC-TV18
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management says Larsen and Toubro (L&T) may see Rs 1,550.
Sanjeev Agarwal (more)
CEO, Dynamix Research and Capital Management | Capital Expertise: Equity - Technical
"Rs 1,470 is a very good level to exit Larsen and Toubro (L&T). If it is able to cross Rs 1,475 and holds above it and sustains strongly, we may see a level of Rs 1,550 but I do not see levels coming above Rs 1,600 in the near-term. If one is a long-term investor, then one can buy it again at a much lower price. Somewhere around Rs 1,000 will be a very good price to enter into L&T, " he said.