Sukhani told CNBC-TV18, "IT appears to be very attractive. It does appear that the large heavyweights are bottoming out. They have gone through a correction, while the Nifty was going up. Now even as the Nifty chops are down it's possible that we will see big ones move up and that will probably happen with all the midcap IT stocks. They have done the right things, bottomed out, made patterns that suggest more upside is there. Polaris is pretty decent buying opportunity."
He further added, " Alstom Projects has been a very big disappointment. From Rs 600 its lofty levels, it's been consistently falling and the sense is that the declines are not over yet. So here is a short sell and probably a decent one at that."
Disclosure: I have no personal holding in the above stocks.
