Moneycontrol
Dec 01, 2016 09:32 AM IST | Source: CNBC-TV18

Buy Bharti Airtel, Hindalco; sell DLF, Bata India: Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel and Hindalco Industries and advises selling DLF and Bata India.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharti Airtel earlier has been an opportunity. It still continues to be so. It is one the verge of breaking out from a very attractive trading range, so there is significantly more upside. It is not just a day trade or a swing trade, you could actually make a small investment. It is a positional trading idea."

"Bajaj Finance, all of these NBFCs are now turning up, so we stay long in the market so far as the Nifty obliges us. We don’t question how long, we just be on the long side. Hindalco Industries from the metals group is again a buy idea," he said.

"Two short selling ideas - DLF and Bata India. Unfortunately, both stocks are weak, so we could actually sell into strength and make money on the short side also."
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