SPML Infra - Rs.44

SPML infra the stock has moved above the 200 day EMA after nearly three years and now it has moved above it then retraced to 200 day EMA and about to move up now so a perfect technical buy with Stop Loss at 36.00. The company is a leading player in infra space. As the infrastructure space is about to turn around post mr.Modis PM, the margin of safety is very high as the stop loss is just 15% below the acquisition price. So its a technical and fundamental buy.