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Sell Shree Renuka Sugars, says Sukhani

Sell Shree Renuka Sugars, says Sudarshan Sukhani of s2analytics.com.

August 23, 2012 / 10:47 IST
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Sell Shree Renuka Sugars, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "I would be very upbeat on SKS Microfinance. On every dip consolidation it is a buying opportunity. It fell from Rs 1300, so one can expect something much better than this. It is in an uptrend."
He further added, "Shree Renuka Sugars is a sell. It is a pity but at Rs 35 it is facing strong resistance, sugar stocks have suddenly started collapsing. It is a short sell."
"IDFC is a buy. The bear market in IDFC is over. Whenever one gets an opportunity and that includes now is breaking out again. One should be going long in it."
first published: Aug 23, 2012 09:49 am

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