Buy REC on correction, says Sudarshan Sukhani

Buy Rural Electrification Corporation (REC) on correction, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "In Rural Electrification Corporation I was long when it was Rs 160-170. Since then it has now come to Rs 240. The way it has moved is like the Nifty, almost in a straight line. So straight line stocks are going to correct. To that extent REC is a buy on correction. But then the correction need not come on demand. It doesn