HomeNewsBusinessStocksBuy CESC, says Sudarshan Sukhani

Buy CESC, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com said he should be willing to buy CESC. “After reaching Rs 325, the stock has consolidated and that minor consolidation is going to break on the upside,” he added.

June 03, 2013 / 11:53 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "CESC is a momentum stock. It is not an investing idea. However, as a momentum trader, there is no harm in latching on to stocks that are doing right things."

"From Rs 250 to Rs 325, the move has been steady and slow. It has not been in a surge of one-two days. So, that is a tradable move. After reaching Rs 325, CESC has done the same thing; consolidated and that minor consolidation is going to break on the upside and assuming that the Nifty remains choppy for the next few days, a lot of stocks will go up. We should be willing to buy. CESC is one of those," Sukhani said.
first published: Jun 3, 2013 11:53 am

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