Apr 20, 2012, 06.30 PM | Source: CNBC-TV18
Sudarshan Sukhani, s2analytics.com advice traders to buy Dish TV at current levels.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, "Dish TV is a stock that should be bought on dips. Today probably would have been a buying day except that there is so much absurdity today that may be Monday would be a better day but I would go and buy Dish TV."
He further added, "Sugar is now going through some kind of a correction. I am assuming that this correction will end soon but when an entire sector goes through a decline there is no buying opportunity.”
" Balrampur Chini has already given signs of distribution breaking down, Shree Renuka never really caught up with Balrampur so a very weak advance has now been arrested and its going back to test its support levels. So both of them are not buying opportunities. Because they are corrections I don’t think we should go and short them."
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