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Oct 09, 2012, 03.17 PM IST
Kalyan Reddy of Karvy Stock Broking is of the view Larsen and Toubro can touch Rs 1700-1725.
Kalyan Reddy of Karvy Stock Broking is of the view Larsen and Toubro can touch Rs 1700-1725.
Reddy told CNBC-TV18, “We have seen a strong breakout coming in L&T. On technical perspective we are looking at higher targets of close to Rs 1,700-1,725. For a short-term scenario one can look at trading bets in this stock about Rs 1,630 would be the level under which if it is available, one can look at buying and maintain a stop loss of Rs 1,600 for targets of Rs 1,700 to Rs 1,725.”
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