Sukhani bullish on HCL Tech

Published on Wed, Feb 01, 2012 at 08:56 |  Source : CNBC-TV18

Updated at Wed, Feb 01, 2012 at 10:09  

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Sudarshan Sukhani , s2analytics.com

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Sudarshan Sukhani of s2analytics.com is bullish on HCL Tech .

Sukhani told CNBC-TV18, "I am bullish on HCL Tech. Actually I am bullish on all the four largecap stocks and they keep on coming in my list. The entire IT pack is now turning around. HCL Tech is probably going to play catch up and therefore represents the best intraday or swing trading opportunity for today. Primarily all of them, the entire sector is looking cheerful and will be one of the big leaders if the Nifty goes up."

He further added, "We don't track Grasim much. I am also little confused whether it's a holding company now or whether it's a cement company. But whatever it is, the stock itself has been going through a very decent up move quietly and softly. So Grasim represents a buy. Actually it's very easy. There are spreads which needs to be considered. It's better to take a swing trade by today. Hold for a couple of days or even more and I think Grasim could be a very decent winner."

  

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