Suzlon Energy good bet; may test Rs 35-40: Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "Suzlon Energy would be a good bet right now because it has seen some good accumulation in the last two years and it has started making higher tops and higher bottoms on weekly charts with good volumes. So, definitely that one looks good in this sector and one can buy this stock with a stoploss of around Rs 21 and we can expect a target of around Rs 35-40 in the next 9 to 12 months."

At 14:51 hrs Suzlon Energy was quoting at Rs 23.90, down Rs 0.65, or 2.65 percent on the BSE.