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Go long in Sintex Industries: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that short term trader can go long in Sintex Industries. "If it works out today then carry it for tomorrow," he advised.

May 20, 2013 / 12:08 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Sintex Industries is a classical textbook chart. It bottomed out, then it started making higher highs-higher lows then it had a small correction just now and that correction stopped almost exactly at the support levels, it is perfect. We want to buy it."


He further added, "The correction has stopped. We saw good run up on Friday and that should now continue and make new highs for this upmove. It is a perfect opportunity to go long for the short-term trader, in fact if it works out today, carry it for tomorrow."
first published: May 20, 2013 12:08 pm

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