Sharma told CNBC-TV18, "For the past few trading days IVRCL Infrastructure and Projects has done well and it is looking good on the charts. It has cleared a strong resistance around Rs 270 and if it can trade above that then it can go to higher levels. It is the right sector to be in but one needs to be very aggressive in these kind of trades and maybe in this case one can keep a stoploss around Rs 250 because if it starts going below that then the momentum will go out of it. It is a kind of momentum share and the momentum is favouring it and if an investor enters at the current level he/she can expect 15-20% returns in the next two months."
Disclosure: We have recommended above stock to our clients, so we would have a vested interest in it.
