Lanco Infratech is range-bound: Ashwani Gujral, Market Strategist

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

What is your view on Lanco Infratech?

Talking about Lanoc, I am not too positive on infrastructure and unless that moves as a basket, I do not think individual stocks will do too well other than an occasional ARSS. I think 66-67 will provide stiff resistance to Lanco. On the downside, you have broadly 57 as a support. So it’s a range bound kind of a counter.