Look for targets of closer to 160 or 155 on IVRCL Infra

Devang Visaria, Chief Strategist, Devangvisaria.com, in a chat with ET Now talks about IVRCL Infra.

What about value in IVRCL Infra? Do you see a lot of it there and because they do have a pretty strong order book also?

IVRCL is a pure short-term trading sell for us. It has just been trading and consolidating below its 200 day moving average, which is at around 175. So with a stop loss of just 176.50 or so, you have a good shorting opportunity in IVRCL Infra and you could possibly look for targets of closer to 160 or 155 on this one.