Stay away from Jain Irrigation: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one should stay away from Jain Irrigation. “Jet Airways charts are very good,” he adds.

Sukhani told CNBC-TV18, “Jain Irrigation Systems is now gone choppy so I wouldn’t be impressed by these 4 percent up and down moves. It is been doing this for sometime, it had a rally, it is now stalling now we just stay away from it.”
 
On the Jet Airways, Sukhani, says, “I have been saying go and buy Jet Airways since it crossed Rs 330. Just buy, the charts are fantastic. I don’t know because to my perception aviation is not a fundamentally sound business, I suppose but the charts are very good.”
“HexawareTechnologies has been a shorting candidate from Rs 115 downward. We have given this in morning calls repeatedly. My own sense is that a target of Rs 72-74 is quite possible here," he added.