Buy Voltas on dips, sell Sintex: Sudarshan Sukhani

Sukhani told CNBC-TV18, “Voltas is in a broad uptrend, so I would say that Voltas remains a buy on dip stock. Sintex doesn’t have a good chart. It maybe up today, a lot of stocks are up. Sintex’s charts essentially tell us that it will either consolidate or it will actually go down. So Sintex remains a sell in my list.”

He further added, “ IDFC is an underperformer. We always have options. IRB Infra is a far better chart, although not exactly in the same business and IDBI it is suggesting that it is coming out of a very long trading range. So there are other options. I am not very keen on IDFC. It’s likely to remain an underperformer. Broadly financials should do well. So to that extent it will do something good, but there are many better choices.”