Guj NRE Coke can touch Rs 23-24: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Gujarat NRE Coke can touch Rs 23-24.

Sukhani told CNBC-TV18, “I recommend the investor should wait in Gujarat NRE Coke. This time when Gujarat NRE Coke dipped and corrected it held on to its earlier lows of Rs 16. For whatever it is worth at least the support is holding so you will never know – a rally could begin. I don’t see a rally coming but at least the declines are not in the offing so I don’t know about six months or three months but perhaps sooner or later a rally towards Rs 23-24 is possible. It is worth taking a chance.”