L&T Finance Holdings may hit Rs 74-75: Kunal Bothra

Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, "In L&T Finance Holdings, for the last two days especially yesterday and today we are seeing some very good momentum building up, swing breakout happening on the price as well and volumes are also decently high. The 50 day moving average is now adding a good support for L&T Finance Holdings at around Rs 70 odd levels."

"From a short term trading perspective one could look at a target of around at least Rs 74-75 and keep a stoploss of Rs 69," he added.

Disclosure: Analyst has no personal holdings in the stock but it is possible he may have recommended the same to his clients at LKP.