Sukhani told CNBC-TV18, "Sterlite Industries (India) built a base and it's not stopping. It's keep on going up. At Rs 112 it crossed the previous high. It's akin to the Nifty crossing 5,100. Sterlite has already done that. So that tells us that there is more upside here."
He further added, "It had a one way move up, everyday it's important to keep a stop loss and ideally you want to enter into an intraday consolidation or an intraday dip. But the stock is moving up. I don't see it stopping now. It's probably going to head towards Rs 136 level eventually."
" VIP Industries made a bottom of some kind for almost two months. It's come out of that. Yesterday it gained momentum. I think a move to Rs 120-125 is quite possible. It also has fallen, so the rebound could be as dramatic as the decline."
