L&T has resistance at Rs 1690-1725: Gandhi

L&T has resistance at Rs 1690-1725, says Rakesh Gandhi, LKP.

Gandhi told CNBC-TV18, "Yesterday after the results Larsen has shown huge momentum on the upside and since it has crossed that critical level of Rs 1540 which was on chart, it has show a good rise upto Rs 1670 today. I think it would face resistance at Rs 1690-1725 band at this point of time.