Tuesday, May 6, 2008

IVRCL - IVRCL Infra has target of Rs 650: Gujral

Technical Analyst, Ashwani Gujral is of the view that Above Rs 492 IVRCL Infrastructure has target of Rs 650.

Gujral told CNBC-TV18, IVRCL Infra is in a medium-term range of about Rs 340 and Rs 560. Once it can trade above Rs 490, I think targets of Rs 650 are possible. These stocks have been late movers, so chances are they would tend to touch the higher end of the range."

Link to the article: http://www.moneycontrol.com/india/news/stocks-views/ivrcl-infra-has-targetrs-650-gujral/11/34/336875

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