Buy Bombay Dyeing: Sukhani

Published on Tue, Jan 17, 2012 at 10:37 |  Source : CNBC-TV18

Updated at Tue, Jan 17, 2012 at 12:41  

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Sudarshan Sukhani, s2analytics.com

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Sudarshan Sukhani, s2analytics.com is of the view that one can buy Bombay Dyeing .

Sukhani told CNBC-TV18, "This market is slowly gaining momentum on the upside, inch by inch and therefore the patterns are also changing. Bombay Dyeing is now a buy. Because it's not a pure realty play the story is slightly different, maybe the charts are also different."

He further added, "Look at much more modest targets than some of the other, like capital goods can go much higher but even then Rs 405-410 is a possibility. In any case when the market momentum is so visibly in favor of the bulls there should be no short selling."

  

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