Feb 27, 2013, 09.26 AM IST | Source: CNBC-TV18

See higher levels in ACC: Sudarshan Sukhani

See higher levels in ACC, says Sudarshan Sukhani of s2analytics.com.

See higher levels in ACC, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, " ACC is a very nice chart and we have been upbeat on cement. It has not actually gone up to the extent we would have liked but the important point is, it is going up in a market that is falling clearly. That itself is outperformance and there is some money on the long side.”

He further added, “After a big rally for the last four-five days ACC has been consolidating. It is a small flag and that flag could easily take it to the next leg of its rally. Who knows what the Budget may bring and that is just not technical of course.”

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Narendra Modi

88343.89 842.40 0.96%

1911

Bought today

1252

Sold today

0.83%

User holding

video of the day

Chandra says satisfied with TCS' FY14, FY15 to be better

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.