Accumulate Divis Lab at current levels, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "Divis Lab is a superb stock. The charts are excellent. It is just breaking out of long term, ascending triangle something that is a very bullish pattern and for Divis Lab the target are of intraday. It would be silly to actually exit on any day in which you are making money. You really need more ambitious targets so I would say at current prices we are looking at a 10-15% gain to Rs 850- keep a tight stop loss some where around Rs 750 and just let it go. You can do day trading in it only long side but for a person accumulating as you said and keeping a position would be well rewarded."
He further added, " Reliance Power remains a selling idea. Now the point is that we do not have to go and sell a stock that is moving inch by inch today but probably tomorrow or day after it would be a short sell. I don't see it coming into the buy list very soon."
