Buy Max India, says Sukhani

Published on Fri, Dec 09, 2011 at 13:22 |  Source : CNBC-TV18

Updated at Fri, Dec 09, 2011 at 16:22  

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Sudarshan Sukhani, s2analytics.com

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Buy Max India , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Max India is bucking the trend not just today; it's been an uptrend for sometime. In fact it was in my buy list a couple of days ago. It has completed a retracement and is now beginning to move up. So there is a buying opportunity. Even now it's possible to go and buy Max India, take a target of Rs 187 or so and hope that you will reach it and you might."

He further added, " SAIL is now bottoming out. So when there are other shorting opportunities, I may not like to take the trade but SAIL is a short sell. Quite again we are going to test that Rs 78 and Rs 80 range and then we'll see if that holds the support or not."

  

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