Buy CESC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy CESC.

Sukhani told CNBC-TV18, "On the back of the news CESC has fallen and since then it has moved up Rs 100 i.e. about 35 percent. Clearly, the market or whoever is managing CESC shares probably knows something better than we do. We just follow them.”
He further added, “CESC’s stock price gained yesterday. That is good news. It is on the verge of a move above its earlier resistance levels. So, it is a good momentum stock to be in. We do not want to avoid stop losses or traders who trade this today must remember that they have to use and follow and obey stop loss levels." Disclosure: I have no holdings or interest in the stock discussed.