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Aug 02, 2012, 11.22 AM IST
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Manappuram Finance at Rs 34-35.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Manappuram Finance at Rs 34-35.
Sukhani told CNBC-TV18, "I would be a seller in Manappuram Finance at higher levels. One cannot go and short sell it but it is not a buying opportunity. So at Rs 34-35 it is a sell." He further added, "In Voltas I assume that on the basis of charts the support comes at Rs 100 but if it opens below Rs 100 or slides quickly below Rs 100, then all long bets are off." "The approach in ONGC is go and buy it at every occasion, at every dip. This stock has bounced from Rs 240 and it is now in a trading range almost willing and ready to breakout. So ONGC is a part of portfolio. I think the eventual targets for this should be Rs 350 and sooner rather than later."
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