Buy GSPL, says Sudarshan Sukhani

Published on Wed, Nov 25, 2009 at 10:12 |  Source : CNBC-TV18

Updated at Wed, Nov 25, 2009 at 11:11  

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Sudarshan Sukhani, Technical Analyst

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Buy Gujarat State Petronet (GSPL), says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "I think GSPL is good for triple digits. Its one of those stocks you need to own. The other one could be GMDC . I like the theme of companies which own properties, which are diminishing in nature; mines, minerals, crude and GSPL qualifies in many other ways. We have already seen it making lifetime new highs; again it took a bit of rest. So after that rest strong stocks takes small rest and then rally again. So that stock again I think I would be watching today. So GSPL is a buy with a very modest target of Rs 97 and a stoploss of Rs 93."

  

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