Stay away from Bharti Airtel, Idea Cellular: Sukhani

Published on Mon, Dec 26, 2011 at 09:36 |  Source : CNBC-TV18

Updated at Mon, Dec 26, 2011 at 15:04  

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Sudarshan Sukhani , s2analytics.com

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Stay away from Bharti Airtel and Idea Cellular , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "For short-term traders just stay away from Bharti Airtel and Idea Cellular, both have very charts so you have to sell on rallies and metals, yes there is a case to be made for buying SAIL as well as Sterlite but the far better performers are likely to be as I have explained banks, CNX IT and Reliance and ONGC twins."

He further added, "There is a short-term long trade in infrastructure. The only point I always think is that I like to stay with the largecap names but beyond that infrastructure is ready for a decent bounce on the upside and people who can take the trade or take the risk of beaten down stocks have potential to make money. There is a short-term trade; we are talking about this Thursday which is what you described, the GMR , even Lanco and all those who are not infrastructure like Suzlon ."

  

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