Punj Lloyd Stock Price On The Surge - Should you buy it ?

Punj Lloyd is showing signs of resilience.It is upto +5% today trading at 75.20 It finds a near-term resistance at Rs 76 and the next one at Rs 93 and has support at Rs 62.5.

Kunal Bothra, Sr Technical Analyst, LKP.

Punj Lloyd is definitely one of the stocks, Rs 75 if it manages to cross I think we might see levels of Rs 82.5 and Rs 85 but I think we will have to watch this stock on every step on how it moves but looks very strong in the last 2 days

 Sudarshan Sukhani, Technical Trends, on Punj Lloyd

Punj Lloyd, it was in a bear market. Now a lot of stocks maybe coming out but as stock that was in a deep downtrend should not be touched.