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Sep 12, 2012, 05.10 PM IST

Avoid Siemens, says Sudarshan Sukhani

Avoid Siemens, says Sudarshan Sukhani of s2analytics.com.

Sudarshan Sukhani, Technical Analyst ,s2analytics.com

Expertise : Equity - Technical

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Avoid Siemens , says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "There is nothing on the charts of Siemens, so I would just avoid it. Yesterday it went up; I said don’t buy it. Today it has gone down there is nothing on it."
 
He further added, " Cipla is very good, it is going through a dip because it probably went up while the other stocks and the market was going through some kind of a sideways move. So if Cipla corrects for one more day, I would be a buyer in it on any kind of intraday strength."


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