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Jul 24, 2012, 02.36 PM IST
Sudarshan Sukhani, s2analytics.com is of the view that avoid Reliance Communication.
Sudarshan Sukhani, s2analytics.com is of the view that avoid Reliance Communication .
Sukhani told CNBC-TV18, “I would avoid Reliance Communication. It is at the lows. It is very difficult to explain what is going on there but in spite of all the bullishness the stock does go up. So I would completely stay away from Reliance Communication. It is on the verge of making lifetime lows.” He further added, “Idea Cellular is a far better stock. Telecom itself is buzzing. The charts are suggesting a bottom is being made. We should be long whenever we can in Idea Cellular and Bharti Airtel and this is a good time. We have gone through very decent correction.”
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