Parag Doctor, Chartadvise is of the view that Larsen and Toubro has support at Rs 1300-1400.
Doctor told CNBC-TV18, "I have looked at the chart of BHEL that has consolidated in this carnage and remained more or less in Rs 2200-2400 zone and stocks which do not get massacred in this kind of decline they have to be looked at. The other name is Larsen and Toubro which has had a good decline but it has come to long term support around Rs 1300-1400 kind of zone and I would look at that technically to be added to the long term portfolios."
