Apollo Tyres has target of Rs 88-90: Sukhani

Sukhani told CNBC-TV18, "Apollo Tyres target would be Rs 88-90. This is a limited effort stock but any dip today or on Monday should be bought into because it should go higher. Yesterday’s move tells us that things are looking up."

He further added, "For short-term intraday traders the trade is on the short side now. We have entered a correction of some kind, so that correction could take it lower. The markets have become very choppy so Shree Renuka although it’s in an uptrend it is suggesting a short side trade and the same is happening to many other counters. It is very difficult now to trade in this market."