Aug 31, 2012, 11.03 AM IST

Buy SKS Microfinance, says Sukhani

Buy SKS Microfinance, says Sudarshan Sukhani of s2analytics.com.

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Buy SKS Microfinance , says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, " DLF has confirmed a double top, that’s an intermediate term pattern that suggests lower levels are coming, levels actually should be somewhere around Rs 150-160. Obviously we can’t say whether that will work out, but the trade is on the short side. We don’t want to buy DLF, HDIL , any of these stocks which have confirmed bearish patterns."


He further added, " Educomp Solutions continues to be a short sell. SKS Micro is a buy. What we are seeing is a correction. Go and buy it. GMR Infrastructure is a buy only for an intraday trader. It’s at Rs 17 support."



 


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