Thacker told CNBC-TV18, "The entire infrastructure sector has been doing well and this is a high beta sector, so any breakout could probably result in good gains over a short period of trading if you are a short-term trader. IVRCL yesterday closed above Rs 370, the entire last rally the stock had not been able to cross and close above this level of Rs 370. I think that's a good breakout and the stock is going to enjoy good momentum for the next few days while the medium-term targets could be much higher at levels of around Rs 420-430, I think for day trader Rs 390 would be a good target."
