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Last Updated : Dec 09, 2013 03:20 PM IST | Source: CNBC-TV18

Avoid IVRCL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may avoid IVRCL as the stock may correct itself.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would avoid IVRCL. It has run up and there is a correction coming. The same applies to Adani Power. However, Adani Power becomes an excellent buying opportunity on a correction or a dip."

"One of the stocks that still can be looked at for somebody having a slightly larger time horizon is Tata Power. That is the stock that is coming out of a multi-year consolidation. So, we want to go into it and buy it whenever there is an opportunity," he said.

First Published on Dec 9, 2013 03:20 pm