Feb 20, 2013, 03.43 PM | Source: CNBC-TV18
Sudarshan Sukhani, s2analytics.com is of the view that Power Grid can touch Rs 125.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “I think Power Grid Corporation of India will head back to Rs 125, the problem comes when it will do that and that is not easy to say because we are in a market that is not very cheerful. The investor who already owns the shares, let hold it, will get a price of Rs 125. It is a blue-chip so the risks on the downside are minimal. The advantages that even the slightest rally in the market can take it to Rs 125-124. I would say you hold on for a year.”