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Sharma's view on Lanco Infratech

Lanco is just meandering somewhere close to that lows it made, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.

July 05, 2011 / 15:14 IST
     
     
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    Lanco is just meandering somewhere close to that lows it made, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.


    Sharma told CNBc-TV18, "Lanco is just meandering somewhere close to that lows it made and I agree it has come up from that Rs 22-25 levels but that is hardly saying anything. There is no positive divergence on the charts to suggest that there could be an up move or a move towards correcting that sharp downturn which took."

    first published: Jul 5, 2011 03:12 pm

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