IVRCL Infra can test Rs 80-83: Anu Jain

IVRCL Infrastructure and Projects can test Rs 80-83, says Anu Jain, IIFL Private Wealth Mgmt, India Infoline.

Jain told CNBC-TV18, "Honestly would be careful about getting into for the upside right now. So if you look at infrastructure, I would probably look at IVRCL, it probably can go up to a little bit upto Rs 80-83. Jaiprakash can move up to about Rs 93, Larsen can do in the largecaps and BHEL can do about 3-4%. But they are all into resistance zone; the trend is basically a downtrend. They are getting into on a daily charts at least on the overbought situation. So I don