Buy Lanco Infratech above Rs 18.5: Abhijit Paul

Buy Lanco Infratech above Rs 18.5, says Abhijit Paul, Brics Securities.

August 12, 2011 / 08:35 IST

26 Aug, 2025 12:21

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Buy Lanco Infratech above Rs 18.5, says Abhijit Paul, Brics Securities.

Paul told CNBC-TV18, "Lanco Infratech is in a downtrend in all time frames but I sense that the support range of Rs 17 and 18 should hold the stock. Look to buy once the stock moves above Rs 18.5 that is where it moves into a short term uptrend. Use a stop loss of Rs 16.5 and on the upside targets are at Rs 20.5 and 22."

first published: Aug 12, 2011 08:33 am

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