Buy Rural Electrification Corp: Sukhani

Buy Rural Electrification Corporation, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Rural Electrification Corporation (REC) is one of the few stocks where the correction has not gone back to the original starting point. Its correction was deep and then a handsome rally yesterday in a market that was going down."
He further added, "REC is a stock that traders should be focusing on. If not anything then the buying opportunity comes as a hedge to any short positions that they maintain. If the market gives the slightest sign of cheer then REC should be the first stock one should be considering. It is a nice chart on the upside." Disclosure: I have no holdings in the stock discussed.