Exit Suzlon Energy on rallies, says Ashish Kyal

Ashish Kyal of wavesstrategy.com told CNBC-TV18, "Overall, the trend for Suzlon Energy has been down for many years now. It has been falling right form very high levels and it has touched even the low of Rs 6-7. So, I think there is no point in holding on to this stock because it has not delivered any kind of positive returns.""It has not performed well even when the overall midcap, smallcap indices were outperforming and going up. So, this is definitely an exit. I would suggest that any pull from here if one gets somewhere around Rs 15-16, exit from this kind of a stock as of now," he said.