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Aug 23, 2012, 10.48 AM IST
Jet Airways has very attractive bullish charts. The eventual target for this move is Rs 490-500. I would be long at every dip, says Sudarshan Sukhani of s2analytics.com.
Jet Airways has target of Rs 490-500, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Jet Airways has very attractive bullish charts. The eventual target for this move is Rs 490-500. I would be long at every dip, every opportunity." He further added, " HDIL is a big disappointment. I was so upbeat. The charts are no longer bullish. The best way is to step aside; somebody could also go short although I wouldn’t do that but there is no buying." "We saw yesterday how Ranbaxy Laboratories rallied but it’s a buy. I do not think one should buy today. Let it consolidate, dip, work out that big rally that we saw but it’s a buy. All the pharmaceutical stocks are doing well."
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