Apr 04, 2012, 05.29 PM IST | Source: CNBC-TV18

Buying opportunity seen in JP Associates: Sukhani

Buying opportunity is seen in JP Associates, says Sudarshan Sukhani,

Buying opportunity is seen in JP Associates , says Sudarshan Sukhani,

Sukhani told CNBC-TV18, “ Cairn India is up here on the back of news, which is obviously not reflected anywhere else. I don’t think Cairn’s rally is going to sustain. So, Cairn at some point will again become a selling idea.”

He further added, “ HCL Tech is the least favored of the four tech stocks. So, again here also I really don’t see much opportunity when we are in a trading range, but JP Associates is a good stock. It’s done all the right things. So if there is an opportunity to buy, when markets become stable, show the slightest signs of life then JP is a buying opportunity.”

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