Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Larsen and Toubro (L&T) had a good day on Friday. A lot of individual bluechip stocks had that, so it is not an exception but it was there. L&T has been in an huddle, it has been in a very narrow trading range for one month. I like narrow trading ranges as we had in the Bank Nifty last week because these ranges eventually breakout. Once they breakout, there is good money to be made.""L&T is on the verge of a breakout, whether it is today or tomorrow that is not easy to time that. I would be a buyer here, I would be positioned to take advantage of that breakout, should it occur," he said.
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