JP Associates, Aptech likely to go up: Sukhani

Sudarshan Sukhani, S2analytics.com is of the view that JP Associates, Aptech likely to go up.

Sukhani told CNBC-TV18, “Our target for JP Associates is ambitious. It’s between Rs 90-100 for the next few months. It’s difficult to say when it will come about, but the stocks trend is up. So, that price should come. Once it comes in Rs 90-100 zone then one should consider exiting, but not now.” He further added, “Aptech has been choppy and in a trading range. We must understand that unfortunately it is in a sector which is underperforming. So, a lot of spectacular moves are unlikely. But the broad trend in Aptech unlike other IT stocks is that it’s inching upwards. That’s going to be a slow and laborious process, but for someone willing to stay in the stock another 10-15% or even 20% rallies are possible.”