May 15, 2012, 05.51 PM | Source: CNBC-TV18
Buying opportunity is seen in Sesa Goa and LIC Housing, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “Sesa Goa suggests that there maybe more sustainable upside, but it is quite likely that anyone buying today and let’s say that if the market remains could make money tomorrow. So Sesa Goa represents a buying opportunity and there is this financial, LIC Housing which has seen very good move today. It also stopped at support Rs 235-236 from where it has bounced. So among metals Sesa Goa and LIC Housing in the financials.”
He further added, “I would still prefer TCS which was a buy idea in the morning and remained so today also, because TCS has been an outperformer and in weak market rallies it’s much better to stay with outperformers.”