Hold Tata Power; target of Rs 125: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can hold Tata Power. “One should get out Tulip Telecom immediately,” he adds.

Sukhani told CNBC-TV18, "The investor should be holding on Tata Power. The stock has already started an up move; the targets are Rs 125 to Rs 130. That is pretty handsome. It is a very good share at current point of time.

He further added, “One should get out Tulip Telecom immediately. There is no reason to say okay this is the low and it won’t go further, go down any more. It has been going everyday, there is nothing to support it. There are no chart patterns that justify holding on to a position here. Take the loss, accept it and get out.”