Suzlon Energy has strong support at Rs 52: Mehta

Suzlon Energy has strong support at Rs 52, says Jitendra Mehta, AVP Institutional Equity, Edelweiss.

Mehta told CNBC-TV18, "One can consider going contrarion long on Suzlon around Rs 52. The stock has a strong support around this level. It keeps on coming back from here."

He further added, "Similarly among some of the pharmaceutical names one can consider going long on Lupin, which has been trending upwards. I think banking and real estate one can wait for one more day. ONGC looks good at Rs 310 levels, so one can go long on ONGC also."