Stay away from Lupin, Jet Airways: Sukhani

Published on Wed, Jan 11, 2012 at 17:10 |  Source : CNBC-TV18

Updated at Wed, Jan 11, 2012 at 17:43  

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Sudarshan Sukhani, s2analytics.com

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Stay away from Lupin and Jet Airways , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Lupin the technicals are very poor. It is stay away stock. Wockhardt is much better. First it was in some kind of a bear market. We can call it a deep correction or a bear market whatever. Its seems to be emerging out of that so while it is too early to say it is out of the woods buying is possible and probably ecommended also. Even at current levels Wockhardt has more steam to go, more upside left and then maybe for all we know it is entering a bull market. Wockhardt is a good stock."

He further added, "I would say stay away completely from aviation. The absurd move in PSUs and Jet Airways is a sell, just wait patiently for the markets to become subdued and go and sell it."

  

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