Hold Adani Power, exit L&T for now: Experts

Siddharth Sedani, AVP (Portfolio Management Service), Microsec Capital Ltd and Kunal Saraogi, Technical Analyst, www.equityrush.com answered stock queries on NDTV Profit. In Saraogi’s view, L&T faces very close resistance at the Rs 1,500 level and he suggests investors to exit the stock for now re-enter the stock at cheaper levels. Sedani, on the other hand, recommends holding L&T. In the power space, both experts suggest holding the Adani Power stock.