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Jul 27, 2012, 01.39 PM IST
Sudarshan Sukhani of s2analytics.com is of the view that ICICI Bank, Axis Bank, State Bank of India still remains favorite stocks.
Sukhani told CNBC-TV18, “Sun TV will remain in a range with lot of resistance at Rs 300. So this is a good time to book profits. In general investors should focus only on blue-chips and unfortunately Sun TV doesn’t come in that category. On the charts we don’t see it going up above Rs 300 in a big way. So get out of this. Today a lot of stocks are available at a discount; why not take one of those. My favorite still remains ICICI Bank, Axis Bank, State Bank of India, go into the banking sector, you can't go wrong.”
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