Keep Rs 1344 stoploss in L&T, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Larsen and Toubro (L&T) has that big decline in the mini bear market, it is now stopping just like the Nifty is trying to consolidate, L&T is also trying to consolidate for the last 10 days. Inside that consolidation it does appear that the stock is willing to go higher.""This is not the change of trend, it is just a short-term view and we take it as a short-term trend. The stoploss should be around Rs 1,344 and it is a short-term trade, so you have tight stoploss," he added.