Book partial profits in Aban Offshore , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, " Alok Industries is pushing against Rs 21 resistance. Once it crosses that there is much more upside. The only question here is, just as Nifty is pushing against 5400 it may take some time, it could retrace, it could pullback, so also with a lot of stocks which are on the verge of breakout but could spend some time in consolidation. I think Alok is a far better buy once it crosses and closes above Rs 21 for a couple of days."
He further added, "I would recommend partial profit booking in Aban. One can as well hold onto it. It is just entering a bull market, naturally it will have cycles, corrections, consolidation, but the trend is up. I think he/she will be able to double his money in 2-3 years."
