Short-term traders can take long position in Lupin on intraday dips, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We do not question vertical rally of Lupin . We have been identifying Lupin since long and saying that this is a stock making new highs, just be with it. Even now, even if the stock shows intraday dips for short-term traders, day traders you go and take a long position and of course for a position trader one or two day consolidation justify taking a buy in it."
He further added, "There is no purpose in questioning how much higher it can go. We know that when stocks go on an upward trajectory, they can go much more than we can imagine. We should not do that. Just be with it."
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Economy turning for sure but cant say for mkts: DSP