Buy Sintex Industries: Sukhani

Published on Wed, Jan 11, 2012 at 11:02 |  Source : CNBC-TV18

Updated at Wed, Jan 11, 2012 at 11:16  

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Sudarshan Sukhani, s2analytics.com

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Buy Sintex Industries , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Sintex is a buy now. Yesterday it was a sell, it turned around. So a stock that quickly turns from sell to buy needs to be treated with a lot of caution and care. My point is that short-term momentum is on the upside but that doesn't guarantee that it will continue to remain up. We can have a target of Rs 75."

He further added, " India Infoline is a sell. It may do well but the charts are so terrible that it's on the verge of a significant break down. It's not going up, everything went up yesterday, and we cannot keep that as a benchmark. India Infoline is short sell; if you have the patience you will see Rs 42-43 and sub Rs 40 levels that require some time but it will happen."

  

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