Sukhani told CNBC-TV18, " Sun TV is on the verge of a significant uptrend and that's what happened. In fact day before it started that move, yesterday it simply confirmed that big up move. Now Zee is not in the same grade as Sun TV. But as a short term momentum buy, Zee Entertainment appears to be doing the right things, making the appropriate patterns. Sun TV is a far better play for the longer term but Zee is a momentum play for the short term, for day trading or for a couple of days."
He further added, "I am pretty bullish on Mahindra and Mahindra. It is probably one of the better auto stocks. The advantage is that it is starting from a low base, while the others have already rallied very handsomely. For the short term trader M&M is willing to breakout, so we will get the best yields here, the best risk-reward ratio. For the position trader here is a stock that is now available at a low base for 30-40% gain. So, M&M is now my best pick in the auto sector."
