Avoid Lanco Infra: Ashwani Gujral

People should avoid trying to buy it unless it becomes flat at some level, maybe 15-16 and then once it starts consistently moving higher, only then think of buying it.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about Lanco Infra.

ET Now: What is the call on Lanco Infra?

Ashwani Gujral: When there is bad news, it just keeps coming and difficult to say where this will stop. Just like to say that people should avoid trying to buy it unless it becomes flat at some level, maybe 15-16 and then once it starts consistently moving higher, only then think of buying it.
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