Wednesday 12 November 2008

Buy Punj Lloyd: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that one should buy Punj Lloyd.

Sukhani told CNBC-TV18, "Punj Lloyd belongs to that infrastructure construction sector, which I think is now giving much better chart patterns. This is not going to go against the broad market, but if at all you have a sense that something is going up then Punj Lloyd is the first stock that you should be buying."

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

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.