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Jun 20, 2012, 11.52 AM IST
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin .
Sukhani told CNBC-TV18, "Lupin in more of a maybe buy, in the sense that it has come to Rs 520 which is where significant support comes. It is an excellent stock, very strong pharma stock. So at support I would expect it to rally on the upside and if that happens then one is buying almost at the lows of the decline." He further added, "If this support breaks decisively and that is why we need to use a stop loss then Lupin’s chart will change. I am assuming that this support will hold and we will see a rally. So it’s worth getting into."
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