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Short L&T with stoploss of Rs 1625: Manghnani

Short Larsen and Toubro (L&T) with stoploss of Rs 1625, says Anil Manghnani, Modern Shares & Stock Brokers. The way it has broken down below the 50-day moving average (DMA) now should head closer to the 200-DMA, which is placed somewhere around Rs 1,500 mark.

first published: Jan 9, 2013 10:04 am

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