Prefer Power Grid Corporation of India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Power Grid Corporation of India had a correction and not a decline. That correction seems to be getting over. It is much stronger than the Nifty and is a low volatility but at least it might make money if you make an investment and even take a trade here. There is a small bullish head and shoulder that has broken on the upside. It is a slow moving stock. At least it is unlikely to lose anything."

At 09:47 hrs Power Grid Corporation of India was quoting at Rs 147.70, up Rs 0.80, or 0.54 percent. It has touched an intraday high of Rs 147.95 and an intraday low of Rs 147.25.