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Punj Lloyd can touch Rs 335-350: Mathew

Posted by Yogesh on Friday, 3 October, 2008

Technical Analyst, E Mathew is of the view that Punj Lloyd can touch Rs 335-350.

Mathew told CNBC-TV18, “Punj Lloyd has the potential of keeping the stoploss of around Rs 270-275. The stock certainly has a potential slowly and rarely to move upto as high as Rs 335-350.”

He further added, “Hindustan Construction is also looking reasonably good but I think the upside is capped from here. You could see an Rs 25-30 movement, may be even passed Rs 105.” Source Moneycontrol

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