Friday, 21 November 2008

Buy GVK Power says Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that one can buy GVK Power & Infrastructure at this level.

Sukhani told CNBC-TV18, "An investor could really go and buy GVK Power. The charts suggests that it is bottoming out and probably even in a bear market which could go much lower the stock might simply stay where it is that’s good news. So it is an investor’s opportunity."

Source: Moneycontrol

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.