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Buy Indiabulls Power, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Power with a view of one year.

October 17, 2013 / 13:07 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "On the charts, Indiabulls Power is not looking very attractive. The power sector itself is bottoming out. So normally when a sector bottoms out, most stocks in this sector become outperformers and in that sense, power is a good place to be in if one wants to take a one year call."

"I would have suggested looking at may be Tata Power which is probably better placed but the sector itself is okay. So I think Indiabulls Power is probably worth buying and taking a one-year call on it," he said. Disclosure: I have positions in the Nifty that I usually have but I don't have any positions in the stocks we discussed.
first published: Oct 17, 2013 01:07 pm

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