Monday, September 15, 2008

More upside left in TTML: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that there is more upside left in TTML.

Sukhani told CNBC-TV18, "TTML has been rising, so anyone who understands the company can go and buy because the charts are suggesting that there is more upside left."

He further added, "Bharti broke down yesterday; it has done exactly what Reliance has done. It has confirmed a bearish chart pattern. Now none of these have to go and meet their respective downside targets that are not required. But at least the very fact that it is not doing well is confirming these patterns tells us that Bharti is another stock that we need to stay away from."

Disclosure: Analyst has delta neutral positions in Nifty and investments in shares.

No comments:

Post a Comment