Buy HUL, says Sudarshan Sukhani

Published on Tue, Jan 24, 2012 at 14:17 |  Source : CNBC-TV18

Updated at Tue, Jan 24, 2012 at 16:04  

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Sudarshan Sukhani , s2analytics.com

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Buy HUL , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "In Sterlite there is the trading opportunity is on the short side, so whenever the market begins to correct that's where the trade comes in. In Hindalco I do not know whether it has much more opportunity to move up neither has Tata Steel."

He further added, "Jindal Group Steel stocks are already at levels which do not justify short term buying. So the focus should remain on banks, on capital goods and individually on Reliance, on ONGC and not on metals."

" ITC is in some kind of a correction, it may take time to come out of it. While, Hindustan Unilever is willing and ready to go through a breakout, so Hindustan Unilever is a buying opportunity while ITC is probably a wait and watch."

  

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