IDBI Bank looks good: Sukhani

Published on Tue, Feb 21, 2012 at 13:17 |  Source : CNBC-TV18

Updated at Tue, Feb 21, 2012 at 13:19  

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Sudarshan Sukhani , s2analytics.com

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IDBI Bank is looking good, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, " IFCI is not a trading favorite for me and it's never made money for most traders. People still like it. A far better instrument is IDBI which is now coming out of a big trading range and is qualitatively better."

He further added, "We had Praj Industries as a buy in the morning and a stock that I have referred to earlier was Hanung Toys. I assume there are lots of midcaps which are now trading in congestion and willing to breakout."

  

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