iCharts Discussions

[ven657]

Any views on LITL (Lanco Infra) Only tecnical Views.

[veerappan]

13.55 trades above [ f and o rates] take a risk with sl 11 rupees... target of 14.70-15.55-16.90-18-22....

[smilie=2guns.gveeru
chennai boyif]

[rk_a2003]

There is a Fundamental risk in LITL .That's why this stock is trading damn low.A Sword is hanging on it's head in the form of compensation suit for 3.5 billion$ filed by 'Perdaman'.

The All powerfull Australian Laws are not like Indian Laws.After Initial denials of Perdaman law suit as baseless,LITL tried for an out of court settlement which was rejected by Perdaman.

This episode is self explanatory and it's not hard to guess who is right.

Don't go long in this counter.once the verdict is delivered LITL will be finished. Even it manages out of court setlement the losses will be huge.

Search for another counter. Even this counter reaches 22.Don't regret.Why to play with it once you know that it is a fire?!

Don't forget that technicals follow fundamentals.

[vinay28]

The reputation of promoters and management of Lanco is not good.

[ven657]

Thanks God bless you all.