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Wednesday, December 27, 2006

Stay away from LML: Vasudeo


Technical Analyst, Hitendra Vasudeo is of the view that one should stay away from LML as it has never been favourite.

Vasudeo told CNBC-TV18, "LML has never been any kind of favourite, this query has been asked many a times, right from Rs 15-20 and right now till Rs 10. If Rs 1-2 spread here and there its okay but nothing major is going to happen. Purely from a trading angle it can move upto Rs 13.50 or something like that but then much better stocks are available rather than to looking in this stock."