HomeNewsBusinessStocksGo long in Havells, target Rs 306-310: Sudarshan Sukhani

Go long in Havells, target Rs 306-310: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends going long in Havells India, JSW Energy and BEML.

March 16, 2015 / 10:49 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Havells India has a modest target of Rs 306-310 on the upside. One should be on the long side. Do not try to short it. It has made a very attractive base and broken out even in a correction, there will be some stocks that outperform and I think Havells is likely to be one of them."

"BEML, JSW Energy and Havells are buying opportunities because Havells has gone through a deep correction. It is an opportunity for the longer term investor also. You are buying on a dip. However, for JSW Energy, the momentum is on the upside. You are buying in a strongly momentum driven stock and same story for BEML; strong momentum. It is a short-term trade, but if you want to build positions for the longer term then all three qualifies," he said.

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first published: Mar 16, 2015 10:49 am

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