Scrip has bottomed out and crossed all EMAs and resting with consolidation on 20D .
All other EMAs have crossed favourably and are in order.
Volumes are good and indicative of a rise soon.
Company's order book position and profit margins have improved.
It is one of the very few infra-structure companies available with an excellent goodwill, reliability and capability of executing orders of any nature and value.
Buy with a stoploss of Rs 1423.