Sell Cipla , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Cipla has now turned around. It is no longer in a bull market unlike the Nifty and unlike other stocks. So here is a stock that you want to sell. There is a slight weakness like Educomp. Cipla is looking for lower levels till it finds where it will get support. For the short term trader there is a target of Rs 310 but I suspect, it will probably go below Rs 300."
He further added, "I can't say what would happen today but it does appear that BHEL would eventually reach Rs 340-350. So the trade is to look for any opportunity to go long in it. Position traders can simply buy and wait patiently."
