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.

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."