See upside in CESC: Sukhani

See upside in CESC,  says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "CESC is not a favourite but for short-term trading we don’t have to get favourites, we just  need good chart patterns. It was in a trading range, broke out and this process it has been doing after the big decline  we saw on the back of that takeover news."
He further added, "It went to Rs 250 from there it has been continuously moving up. So whatever the reason or  whatever the push it is getting, yesterday it broke out of a range and that should tell us that there is sustained  momentum on the upside. So short-term traders should be looking, just find good trade locations, don’t rush to buy it  intraday but if the stock is consolidating, the chances are it is going to breakout on the upside."