Buy Crompton Greaves: Sudarshan Sukhani

Published on Mon, Feb 13, 2012 at 13:34 |  Source : CNBC-TV18

Updated at Mon, Feb 13, 2012 at 13:50  

25068 Investors following Crompton Greave. Share this News with them.
0
0
Share on Tumblr
Sudarshan Sukhani, s2analytics.com

Excerpts from Markets Midday on CNBC-TV18 Watch the full show ยป

ALSO READ

Buy Crompton Greaves , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "For DLF there is a trade to go short. Since we are selling in an up trending market, this should be taken only by professional traders but there is a trade here. If you want to go short, it is quite possible the stock may eventually slide to its support of Rs 205-200. But for Tata Power I think the best trade is to avoid it."

He further added, " Tata Global Beverage was a buy when it broke out of Rs 90. We have been tracking it and since then it has done wonderfully well. It has come in our buy list repeatedly. At current prices I think it is far better to wait for the prices to consolidate or correct and then reenter because Tata Global is not essentially a day trading instrument. You have to maintain a position there."

"Crompton Greaves has an excellent chart after that bear market that it finished. It has built a base, broken out, made the right reversal pattern. So I think Crompton Greaves even at current levels is a buying opportunity for short term traders."

  

Trending News

Business News

How To: Convert an old Bluetooth headset for wireless streaming
Will sharpest petrol hike ever, last just eight days? "Will sharpest petrol hike ever, last just eight days?"

Team Anna sticks to claims as PM hits back strongly

Sun Pharma Says Plan To File 25 ANDAs In US In FY13

The latest earning numbers FIRST on CNBC-TV18
Videos

May 29 2012, 12:19

Expect Tata Motors Q4 PAT at Rs 4200 cr: StanChart

- in Brokerage Results Estimates

Interviews

May 30 2012, 10:36 | Source: CNBC-TV18

Pantaloon's stake sale in co at final stage: Future Cap  

May 30 2012, 10:34 | Source: CNBC-TV18

See operating margins at 22-23% ahead: ABG Shipyard  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!