Sukhani told CNBC-TV18, "IndusInd Bank has rallied a lot. In that sense it's probably not an investment buy, but momentum is so strong. Yesterday it touched Rs 290 and it's pushing against that, which brings it to new highs for this uptrend. So IndusInd Bank is a momentum play. Buy it, expect very decent up moves, keep a tight stop loss and also exit at a profit when you get it."
He further added, "HUL has come down to Rs 373 which was a support level. There were two possibilities there. It could break down that makes support break down and lower levels or it could bounce back. Yesterday it decided to bounce back. That seems reasonable because the broad market is also upbeat. If it is bouncing back then the upside target for this is about Rs 420-425. So there is a significant up move in HUL. It is a buy. The bounce back started yesterday. We can expect very good follow through today and it's a position trade also."
