Jun 26, 2012, 11.24 AM IST

NCC has target of Rs 40-45: Sukhani

NCC has target of Rs 40-45, says Sudarshan Sukhani of s2analytics.com.

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NCC has target of Rs 40-45, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "NCC is a better chart, the stock build a base for more than a month. Most infra stocks are telling us that probably the worst is over for them. When we have these dips in the Nifty, in the market, they will also correct. These corrections should be taken as buying opportunities."


He further added, "For NCC if we buy on a dip then a target of Rs 40-45 is quite possible because it had fallen a lot, so the rallies could be remarkable on the upside. Now, we should not make the mistake of going short in this entire sector not even when we have corrections like this we should simply step aside."


 


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