NIIT Technologies good for a bigger run

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NIIT Technologies good for a bigger run

Technical Analyst, Sudarshan Sukhani is of the view that NIIT Technologies is good for a bigger run.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about MphasiS See messages about MphasiS Mphasis BSE | NSE 28/05/12 Are Mutual Funds betting on Mphasis? Other Stocks in this news Rolta India | NIIT Technologies |

Technical Analyst, Sudarshan Sukhani is of the view that NIIT Technologies is good for a bigger run.

Sukhani told CNBC-TV18, "I like NIIT Tech a lot. I strongly recommended it, when it was in a trading range for almost 3 months, at trading range it's a golden opportunity to enter a stock because the chances of breakout even if they are 50-50 are in our favour, the breakouts can be very strong as we saw in NIIT Tech. So NIIT Tech is one that was good, it's good for a bigger run."

He further added, "We have Mphasis , which is going up, but because there is a lot of news involved in it I would be a little bit careful. Among the other midcaps Rolta India  is a little interesting, so that's it. "