Sukhani told CNBC-TV18, "Lloyd Electric rallied and then it fell from almost Rs 100 to Rs 75, it is now beginning its upmove again, which means it has completed its correction."
He further added, "Lloyd Electric is a buying opportunity and I am looking at a target of Rs 84.30, it is an intraday target and for position trader who wants to hold on for a few weeks, it should touch its earlier high of a Rs 100."
Disclosure: I have no personal holding in the above stock.
