Lanco Infra is range bound: Sandeep Wagle, APTART

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talksa about Lanco Infra.

What is your take on Lanco Infra on the charts?

Lanco Infra is pretty sideways in the range of 65-66 on the higher side and roughly around 58-60 on the lower side. A move in Lanco Infra will only come above 66 and then we can talk of a move till 73. So till anything of that kind happens, we will have to term this as range bound and I am not a great fan of this sector. So I would avoid this stock.