Buy L&T, DLF, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen and Toubro (L&T) and DLF. L&T has been in a correction, then a strong rally and is now breaking out of a small consolidation. So breakouts usually have follow-through momentum, he adds.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead master your money Realasset
moneycontrol.com

Home » News » Stocks Views

May 16, 2013, 05.30 PM | Source: CNBC-TV18

Buy L&T, DLF, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen and Toubro (L&T) and DLF. L&T has been in a correction, then a strong rally and is now breaking out of a small consolidation. So breakouts usually have follow-through momentum, he adds.

Like this story, share it with millions of investors on M3

Buy L&T, DLF, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen and Toubro (L&T) and DLF. L&T has been in a correction, then a strong rally and is now breaking out of a small consolidation. So breakouts usually have follow-through momentum, he adds.

Post Your Comments

Share Cancel

Sudarshan Sukhani (more)

Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We need to be on the long side, so we will consider buying Larsen and Toubro (L&T). L&T has been in a correction, then a strong rally and is now breaking out of a small consolidation. So breakouts usually have follow-through momentum. That is something worth looking at.”

He further added, "The second buy I would recommend is DLF . It was in a very large consolidation. It is now going out of that Rs 230 resistance level and any breakout from a trading range usually gives a lot of push. So buy DLF, buy L&T, keep a stop loss and if it is working out, carry it for tomorrow."

Related Stories

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy L&T, DLF, says Sukhani

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login