Wednesday, March 7, 2012

LANCO INFRA ; STOCK TRACKER

         CMP 18.8                  BSE 17145

  • Readers will remember critical pivot levels of 18.8 that we have talked about in Earlier Posts on the Scrip.
  • Today the stock closed at 18.8 after touching a low of 18.3 intraday.
  • The short term volatility notwithstanding, the Charts for the Scrip show remarkable resilience over the medium to long term.
  • Fundamentally too, the Scrip remains a BUY at CMP and all meaningful dips, buying to be carried out in phases.
  • All the best!!
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