Don't buy Suzlon Energy, says Mohoni

Do not buy Suzlon Energy, says Technical Analyst, Deepak Mohoni.

Mohoni told CNBC-TV18, "This bull market has not been as kind to Suzlon as it has been to many of the other high beta stocks, this stock has to still catch up with its May peak which was over 150 and now it’s right now Rs 100 so its quite a bit, about 50% below the May peak. So it’s quite an underperforming stock and its tendency in bull markets is not showing up this time, so I would not buy this stock.”