Sukhani told CNBC-TV18, "I would buy Infosys. See what Infosys has done that big decline after Q3 results and then stopped at Rs 2500-2550, for the last six-seven days it's not moving down. If the Nifty moves up, it will be supported by all the major IT stocks Infosys, Wipro , TCS . It's not as if they are going to stay aloof. The charts suggest that they have reached short term lows even TCS. So Infosys is now a buying opportunity."
He further added, "Consider Infosys and TCS as a buy on every dip; now don't think they are going down. They have already been come down so this spring or the upside movement is that much more."
" Voltas is an excellent stock to buy. Rs 270 at the bull market highs, then Rs 75, so clearly that was an exaggeration, exuberance they had. Maybe this decline was also an exaggeration on the downside. It's made a beautiful head and shoulder pattern that suggest that the reversal is going to be significant on the upside. So it's just beginning of its up move."
"Voltas is really position trade, you buy it and hold it. But for short term traders, it's just breaking out of the head and shoulder resistance. So not just for today but for the next few days you want to buy it at any opportunity during the day and hold on some days, you will get big moves in it. So Voltas is beginning a bull market and deserves a buy tag."
