L&T Finance can touch Rs 150 in 2-yrs: Sukhani

L&T Finance can touch Rs 150 in 2-yrs time frame, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, “L&T Finance Holdings moved into a trading range, in a Rs 5 range for months altogether then it broke out for whatever reasons or news. The decline that we have seen on the back of some RBI information is only a correction. That big break-out tells us that very interesting things are going to happen to share prices here.”
He further added, “A correction towards Rs 75 is probably a buying opportunity. It is not a day trade because you have to buy it and go another 5-7 percent lower then you have to hold it. But I would assume that it will double itself from Rs 75 to Rs 150 in the next one and a half to two years.”