L&T can be bought on dips towards 855-875, target 1030.

Infra sector is the latest one to catch the investor's interest.

L&T is among most leading stock in this sector, can be bought on dips.

Safe traders can create positions using bull spreads of 920 and 1020 calls, pay out is about 20 Rs.
Put of 820 can be sold to reduce the payout to 8-9 Rs.

As per y'day closing prices of 920 Ce was 37.8, 940 Ce was Rs. 10, and 820 Pe was Rs. 12.5.

Hold this as long as L&T is above Rs. 850.


Chart PatternslarsenlarsentoubroTrend Analysis

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