Buy Shree Renuka, says Sukhani

Published on Tue, Jan 17, 2012 at 10:32 |  Source : CNBC-TV18

Updated at Tue, Jan 17, 2012 at 12:41  

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Sudarshan Sukhani, s2analytics.com

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Buy Shree Renuka , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Shree Renuka is a buy. It's broken out, there is a minor correction. We should be buying into that dip. But as traders we have only limited funds or limited choices. So there are other opportunities I think beyond. Financial sector is probably a far better opportunity than sugar. But Shree Renuka is a buy. A target of Rs 35-36 which was earlier suggested is still within reach."

He further added, " Aban is a buying opportunity. Again you remember what this stock used to be. It used to be in four digits. I think this bear market in Aban is finally getting over. But this should be looked at every dip. Every breakout in Aban should be bought into. So Aban is a buy and it should be in the buy list consistently until proved otherwise. For a day trader we have a very modest Rs 435-440 target but it should be in your list for buying."

  

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