JP Associates can touch Rs 90-95: Sukhani

Sukhani told CNBC-TV18, “JP Associates is finally bottoming out so the suggestion for a new investor would have been you would consider buying JP at current prices. For anyone entering the market now this is a stock that you want to buy. For somebody having an over hang of older prices it is not easy to say exit now because the prices are very much higher, it is not easy to say stay on because I can’t say when Rs 150 will come."

He further added, "My suggestion is you wait patiently; the stock is just beginning a rally. At some point you may want to switch from JP into my favourite sector banks. But currently I think a target of Rs 90-95 is possible.”