Go long on NIIT Tech, says Sukhani

Sudarshan Sukhani, s2analytics.com advises traders to go long on NIIT Tech.

Sukhani told CNBC-TV18, “A decline in price does not justify buying. We just have to say the market knows better than us. NIIT Technologies is the stock that meets my parameters. It fell for a correction. It is now building a small base and suggests willingness to go up.”
He further added, “Here is a stock that would qualify as a midcap opportunity on the long side and I am sure as time goes by we will discuss many more of these, but the ones that are falling are not in that list.”