Buy Tata Power, advises Sudarshan Sukhani

Dec 30, 2013, 02.25 PM IST

Sudarshan Sukhani of s2analytics.com recommends buying Tata Power as the stock is on the verge of a breakout.

Tags Sudarshan Sukhani, s2analytics.com, Tata Power, Adani Power, Reliance Power

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Sudarshan Sukhani of s2analytics.com recommends buying Tata Power as the stock is on the verge of a breakout.

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Buy Tata Power, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Tata Power as the stock is on the verge of a breakout.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would be a buyer in Tata Power . It is not a day trading instrument. It is something one wants to hold in a position. At current levels it is on the verge of a breakout, it is something that is worth trading on."

"It is not just Tata Power, I think Adani Power and to some extent Reliance Power have the same patterns. So, power as a sector is bottoming out. We should always be on the long side here," he said.

Disclosure: He does not have any positions in the stock.

Bergaya Sehat