Sell Suzlon Energy: Sukhani

Published on Thu, Dec 08, 2011 at 14:11 |  Source : CNBC-TV18

Updated at Thu, Dec 08, 2011 at 16:23  

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Sudarshan Sukhani, s2analytics.com

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Sell Suzlon Energy , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Suzlon Energy is a sell; we have a target of Rs 21. You want to sell in some kind of strength, not when it is already falling a lot and it can rally anytime. In the same way Unitech is also looking at target of Rs 21-21.50. These stocks have been battered and they don't see any signs of stopping."

He further added, "The third stock that I think is worth selling into is IFCI . I see IFCI eventually coming into single digits, its pity but these are the kind of stocks you want to go short in and a lot of private sector banks have suddenly collapsed yesterday, so there are opportunities there. ICICI Bank even IndusInd and Yes Bank ."

 

  

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