Buy Sun TV , says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "I have been liking Sun TV for a long time. It bottomed out at Rs 200. It's now pushing against Rs 300; Rs 300 has been strong resistance. When it pushes out of Rs 300, it's going to begin a new bull market of its own. It's a buying opportunity and if crosses that threshold position traders should latch onto it for a long position."
He further added, " Aban Offshore is again one of those stocks that were beaten down, bruised, battered, coming out of that bear market. That process is going to be slow and sometimes painful also. At this point it's a buy and thanks to the market momentum, a lot of these stocks are getting that extra fillip. So Aban is a buying opportunity. For a position trader the trade here should be buy on every dip but for the intraday trader today and for the next couple of days it's a long position."
" IRB Infra is also a buy. There are no sells in this market. It's a remarkable change of sentiment that we have seen. But I would be a little careful of buying into infra now for short-term trading, because some of them are really at their peaks. They need to correct a lot before fresh buying can be done. I qualify it as a buy simply because it is not a short sell. So either you buy it on a dip or you wait patiently and avoid it."
