Buying opportunity seen in Indiabulls Real Estate: Sukhani

Published on Thu, Feb 02, 2012 at 17:43 |  Source : CNBC-TV18

Updated at Thu, Feb 02, 2012 at 17:55  

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Sudarshan Sukhani, s2analytics.com

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Buying opportunity seen in Indiabulls Real Estate , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "Indiabulls Real Estate, there is some news which is causing some minor pain in it. The stock charts are pretty good so any further dip should be a buying opportunity."

He further added, " Delta Corp is not in a bull market. It rallied because everything else went up. The charts are not eminent there, it's fallen also on the back of news but even otherwise it was a very weak stock. So Delta Corp is best left aside. There is no sense in going short because sometimes strong pullbacks can cause a stop loss trigger but it's not a buy at all. In fact it should drift down."

  

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