SENSEX NIFTY
May 16, 2013, 05.18 PM IST | Source: CNBC-TV18

Buy Lupin on correction, says Sukhani

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."

Set email alert for

ADS BY GOOGLE

video of the day

Surprise rate cut seen; RBI may slash SLR, HTM: Experts

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.