Sukhani upbeat on media space

Technical Analyst, Sudarshan Sukhani is upbeat on media space.

Sukhani told CNBC-TV18, "After the correction Sun TV is moving up, it had a very decent move. I am broadly upbeat on the media. So in different ways, it qualifies as an investment and a trading opportunity both. Now it may not be a liquid enough for a trader, I do not know about that, but whenever there is a possibility it is worth going into."

He further added, "Colgate is a stock that is coming out of a base, it is moving up now. I am not upbeat in general on entire FMCG sector, so for that reason it is wiser to stay away. A trader would not find much here anyway."