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Stay away from Tata Power, Rel Infra, JP Hydro: Sukhani
Published on Mon, Jun 23, 2008 at 16:55 , Updated at Mon, Jun 23, 2008 at 18:14
Source : CNBC-TV18
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Technical Analyst, Sudarshan Sukhani is of the view that Stay away from Tata Power, Reliance Infra and JP Hydro. Sukhani told CNBC-TV18, "I am upbeat on Suzlon. The longer-term charts for Suzlon tells us that it is now almost at support levels and this support is holding inspite of all the volatility that we are seeing. Of all the four power companies, I would stay away from JP Hydro, see the amount of volatility movement it has shown tells us it is not a stable stock for now. So stay away from Tata Power, Reliance Infra , just consider on Suzlon I think there will be lot of opportunities to go long in that stock." |
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