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Hold L&T Technology Services: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may hold L&T Technology Services.

December 05, 2017 / 15:13 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "L&T Technology Services has had a dream run kind of a thing. However, at the moment one cannot say that this stock will immediately tumble because the momentum indicators are not suggesting that there is likely to be a major fall. So, I would suggest to hold on with a stoploss placed on closing price basis at Rs 987, Rs 987 being the 13-day exponential moving average."

At 15:00 hrs L&T Technology Services was quoting at Rs 1,096.65, down Rs 8.15, or 0.74 percent.

CNBC-TV18
first published: Dec 5, 2017 03:04 pm

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