Buy Suzlon Energy on dips: Sukhani

Published on Mon, Jan 30, 2012 at 17:04 |  Source : CNBC-TV18

Updated at Mon, Jan 30, 2012 at 17:30  

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Sudarshan Sukhani, s2analytics.com

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Buy Suzlon Energy on dips, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Suzlon was one of the high flyers. It is now part of the correction. So far it is too early to say that the trend has changed, the trend has become down again. So I would say Suzlon remains a buy on dips but wait for a significant and substantial dip."

He further added, "Sugar stocks, the technical's are still sound. What we saw was probably the first up leg of an eminent big bull market. Now we are going to see sharp corrections but so far as the lows are not broken the trend should remain up. So the deep correction if it comes it's a buying opportunity."

  

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