Punj Lloyd?

#3
Punjlloyd 375/-
Having gud amount of projects"Company luks gud with lot of Projects in the future

"We expect the stock to face strong resistance
at around Rs 325-335 within the rising
channel. A break-out, which looks less
probable given the extremely stretched
fundamentals at this juncture, above this
channel could see the stock in new orbit. To
sustain above these levels, the company’s
fundamentals have to change convincingly
and offer compelling reasons for further
re-rating. Therefore, we recommend sell on
rise. Fresh buying may be considered after
the stock corrects its previous move and
consolidate. The ensuing quarterly results
may provide fresh triggers for the next move."

As the share is already at a high it has been told to Wait n watch
 
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