Wednesday, May 30, 2012

Lanco Infratech Ltd: Beautiful Chart Pattern
The chart of Lanco Infratech Ltd forms a beautiful BULLISH PATTERN, which could take the script to around Rs.14.50-17 in the coming days. Infrastructure sector is expected to get a big boost with Rs.50 lakh crore investment announced by the Finance Minister Pranab Mukherjee in the Union Budget 2012-13.
The ambit of Infrastructure tax-free bonds have been doubled in FY13 to Rs.60,000 crore, giving a tremendous impetus to all sectors which broadly come under infrastructure sector. Also, one should invest in Sintex Industries Ltd above Rs.55.

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