Sudarshan Sukhani, s2analytics.com is of the view that one can buy DLF .
Sukhani told CNBC-TV18, "First Indiabulls Real came in my buy list and now DLF. DLF is making a bullish head and shoulder pattern, that's a surprise. That pattern suggests at least an intermediate term uptrend is likely. I don't know what's going on; a lot of these stocks are now making good patterns on the bullish side. We will see what happens but DLF is a buy."
He further added, "It's a buy not only for the day traders today when I expect a strong thrust on the upside it's also buy for somebody who wants to carry positions till the Nifty does something wrong. It's appropriate for both kinds of traders."
" Mcleod Russel has been disappointing and simply because we want to either hedge or take a trade on the other side in weak stocks. It's one of the much weaker stocks in the F&O segment. But McLeod Russel has been consistently going down, breaking support levels and the rallies have been very mild and tepid. It is a short sell. I do think it will go much lower eventually but at this point Rs 175-170 is a downside target."
