Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Industries.
Sukhani told CNBC-TV18, "Petronet LNG came in our buy call last week before the numbers. It is doing the right things on the charts. On Friday it rallied. Friday was a weak day generally and it is now breaking towards new highs again. It is one of the better picks in the entire universe."
He further added, "I have a buy call on Godrej Industries because from Rs 220 onwards it has been moving only in one direction, just moving up. It has crossed Rs 300. It was in a trading range for the last few days and then it has finally broken out of that."
"It also keeps on coming in our buy list. I do not think this one is stopping at Rs 300. When a stock start flying we do not say okay, it cannot go higher. We have seen how Bata went on relentlessly. Godrej is going exactly the Bata way, stay on the long side." Disclosure: I have investments in Hindalco.
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