Sukhani upbeat on Godrej Industries

Published on Tue, Feb 21, 2012 at 13:14 |  Source : CNBC-TV18

Updated at Tue, Feb 21, 2012 at 13:23  

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Sudarshan Sukhani, s2analytics.com

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Sudarshan Sukhani of s2analytics.com is upbeat on Godrej Industries .

Sukhani told CNBC-TV18, "Godrej Industries was a buy in the morning, so clearly I am fairly upbeat. Godrej is one of the better stocks. It's doing what Hindustan Unilever was doing at Rs 300. So it's just on the verge of a significant breakout and it's more of a position trade rather than a day trade."

He further added, " SREI Infra has an excellent chart. It was in a trading range, today it has broken out of it. I think there is much more upside ahead. Today is just the start of what could be a significant up move all the way to Rs 45."

"A lot of IT stocks went out of fever. So Rolta is not something I am actually looking or trading it. At this point it's difficult to say whether you should buy it after it doubled itself or wait patiently for a correction. I don't have a call on that."

  

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