Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "CESC came as a short sell; one of the rare short sells and it has come in our buy list. It is now trading in a range and because we are only looking at midcaps rather than largecaps."
"CESC is a buying opportunity, it is a low conviction buy but it is there," he said.
At 10:09 hrs CESC was quoting at Rs 687.80, down Rs 0.90, or 0.13 percent. It has touched an intraday high of Rs 698.80 and an intraday low of Rs 686.10.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!