Moneycontrol
Oct 17, 2016 10:55 AM IST | Source: CNBC-TV18

Buy United Breweries; sell ICICI Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying United Breweries and advises selling ICICI Bank.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is possible but I think Infosys is going lower towards Rs 900 and that would be in sympathy with a probable decline in the Nifty. So, if you are an investor, you can buy whenever you like but as a trader I would wait for lower level."

"In ICICI Bank an intraday position on the long side is possible but you have to wait for at least 45-50 minutes before you take a view on the intraday market," he said.

"United Breweries is a buying opportunity and ICICI Bank is a short sell now."

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