Exit Suzlon Energy around Rs 28- 28.50, says Tulsian

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Exit Suzlon Energy around Rs 28- 28.50, says Tulsian

SP Tulsian, sptulsian.com feels that short term traders should exit from Suzlon Energy around Rs 28- 28.50.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by SP Tulsian See what other Experts & Brokerages are saying about Suzlon Energy See messages about Suzlon Energy

SP Tulsian, sptulsian.com feels that short term traders should exit from Suzlon Energy around Rs 28- 28.50.

Tulsian told CNBC-TV18, "Suzlon Energy, for short term traders I'll advice that they should look to exit may be at the current levels but it's a pure investment call. If somebody can really keep a time horizon of about 1 year the price target which earlier I was expecting it to be at about Rs 50 when the stock was ruling at around Rs 20 and probably one can slightly increase the target over the next 1 year time horizon may be anywhere between Rs 56-60 but for the short term traders it is advisable to exit from the stock may be about Rs 28-28.50."