Reliance Energy stronger than Tata Power

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Technical Analyst, Sudarshan Sukhani is of the view that Reliance Energy is much stronger than Tata Power.

Sukhani told CNBC-TV18, "Reliance Energy is our favourite, for few days it has been giving signs that it may come out, back into the play which it has done. We took a trade when we bought this and sold Tata Power and ended up with money in that trade, even when both of them went up. So, Reliance Energy is much stronger than Tata Power."

He further added, "Although BHEL is not in the same category, but assuming its power, I would say Reliance Energy is the best of the lot and then maybe NTPC comes next."