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Lanco Infratech

Lanco Infratech

This stock would possibly give the best of returns.
Reasons:-
1) Momentum solid towards upmove.
2) despite sharp sell off, it didnt break the support zone that it had been forming over 6 trading sessions.
3) it has moved over the resistance zone of 7 and trading above it at 8. This is significant as this is considered a strong support zone wherein it had been trading in this range for 2 months. so break above this along with above avg volumes is a good sign

CMP - 7.95, SL - 7.5, TP - 10.


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