Apr 04, 2012, 05.29 PM | Source: CNBC-TV18
Buying opportunity is seen in JP Associates, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, ď Cairn India is up here on the back of news, which is obviously not reflected anywhere else. I donít think Cairnís rally is going to sustain. So, Cairn at some point will again become a selling idea.Ē
He further added, ď HCL Tech is the least favored of the four tech stocks. So, again here also I really donít see much opportunity when we are in a trading range, but JP Associates is a good stock. Itís 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.Ē