Suzlon Energy may touch Rs 65-66: Kapadia

Suzlon Energy may touch Rs 65-66 in the next couple of trading sessions but the stock does not look too good despite being oversold, says Hemen Kapadia,

Kapadia told CNBC-TV18, “The markets bounce a bit but there is a gap on the daily chart between Rs 65 and Rs 66 for the Suzlon Energy. I know this is just a Re 1 gap but I think this is a gap which Suzlon Energy might make an attempt to fill up in the next couple of trading sessions or atleast in the next trading session that is tomorrow. Beyond that it doesn’t look too good despite being oversold. We are in a strong bear grip as of now.”