Prefer Suzlon Energy for long term: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "I think in the next one month becomes a bit difficult for Suzlon Energy because of the kind of drag the stock has been over the last one-and-a-half-two months, but if one can try and extend the time horizon, we have little more passive on the stock and have a time horizon of six months or more – that’s where you can see a good upside happening in the stock."

"The long-term charts for Suzlon are still indicating a good bullish uptrend even though the stock over the last three months has gone more or less sideways but the long-term structure is still intact. If one can hold on or extend time horizon to six months then one can get better returns but if someone is still sticking to the short-term then try an liquidate position at these prices only," he said.