Buy Voltas, says Sukhani

Published on Mon, Jan 23, 2012 at 11:13 |  Source : CNBC-TV18

Updated at Mon, Jan 23, 2012 at 11:19  

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Sudarshan Sukhani, s2analytics.com

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Buy Voltas , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "For the short-term traders Adani Enterprises is a buy, but for anyone else it's a complete avoid."

He further added, "Voltas is a better stock. It built a base. It's coming out of that base, which is not what Adani did. That's why I differentiate between the two. Voltas is a buying opportunity. I think it's also a buying opportunity for somebody who wants to start accumulating stocks. It's an excellent chart for the long-term investor."

"To me even after the declines and the choppy market movements, Coal India remains a buying opportunity. But it's not one of the better buying opportunities, so traders can simply watch it. If it begins to move up, the bias is still on the long side. Don't short it now."

  

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