Hold Voltas, says Sudarshan Sukhani

Published on Wed, Feb 15, 2012 at 12:00 |  Source : CNBC-TV18

Updated at Wed, Feb 15, 2012 at 12:10  

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Sudarshan Sukhani , s2analytics.com

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Hold Voltas , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I would recommend hold on Voltas. This huge move is not the end of the move, it is probably the beginning. The stock should eventually touch Rs 125-130 so that is the area in which one should start booking profits. The stock movement has just started, so my recommendation is hold on."

He further added, "One should exit VIP Industries at the earliest and switch over to far better stocks. We discuss all the time, financials, IT, that is my recommendation now. Sell now."

"One should sell Educomp ; it is in a bear market. We saw a brief rally from Rs 160 to Rs 250 that rally is over and done with. The stock is falling when the whole market is going up. You don't want to hold on to such stocks. Sell out, switch to something better. We keep on talking about good stocks. Even in capital goods, L&T and Voltas are much better stocks than Educomp."

  

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