Sukhani told CNBC-TV18, "Yesterday Gammon Infrastructure rallied very significantly. So Gammon in any case was making higher highs on a long-term chart. So there is a sense that it's bottomed out and it's probably going to move up. The problem is that after this 10-12% rallies if a short-term trader enters today he may find that he entered right on the day when a small correction started. So Gammon Infra is a buy, it's a buy only for people who are willing to take positions for sometime."
He further added, " JSW Energy is very weak. All the Jindal stocks, probably all of them are looking weak and here it is energy. All the power stocks are in miserable position. JSW suggests that an initial target of Rs 54 is only an initial target. It's probably going to crack much lower, maybe Rs 40-42 that should be an eventual decline and a target on the downside. It's a very weak chart."
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