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Jul 12, 2012, 08.23 AM IST
Sudarshan Sukhani of s2analytics.com shares his view on view on Educomp Solutions and Reliance Infra.
Sudarshan Sukhani of s2analytics.com shares his view on view on Educomp Solutions and Reliance Infra .
Sukhani told CNBC-TV18, "Educomp Solutions - at least people who bought it must have made some money. It ran into that Rs 170-180 resistance and while anything is possible, I would think it becomes a short selling candidate again." He further added, "Reliance Infra’s charts are bullish. The problem here is that it made that V-shaped rally, it just fell to Rs 415 and then started rallying one fine morning and never stopped. To that extent, when compared to Tata Power, then Tata Power is a more stable chart but that doesn’t deter me from saying that Reliance Infra is bullish and you should be looking to buy it. My own sense is that it will become choppy for many days as it digests the big gains it has already taken."
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