Buy HDFC at current levels, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "HDFC is a stock that you should always buy whenever the opportunity arises. It's not a stock that you want to go and short sell. It's the easiest index stock to be pulled up because it also comes with a lot of quality."
He further added, "What happened was HDFC went through a very sharp rally from Rs 600 to Rs 680, almost 15%. Then it went through a very shallow correction. That correction seems to be over since it has been gaining for the last two days now. It's on the verge of a breakout again. But whether the breakout happens or now, the stock is a buy, you have a large rally and a shallow correction and it's in all fairness a resumption of the uptrend. So, yesterday's gain should be built up on."
