Kunal Bothra of LKP told CNBC-TV18, "In Jyoti Structures the support is around Rs 40, There could be a fair chance that the stock bounce to Rs 45-50 but from medium to long-term perspective there are lot of hurdles which the chart has to break and I believe till the time that does not happen, it will be in a broader consolidation zone if Rs 40 does not break."
"The stock may bounce to Rs 45-46 but that could be in a timeframe of three-six months. So, I believe it is much better to book out in this stock on every rally till Rs 45-46," he added.
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