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Buy Bharti Infratel, NBCC, HUDCO; sell Raymond: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises buying Bharti Infratel, NBCC and HUDCO and advises selling Raymond.

August 02, 2017 / 14:05 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual stocks keep on giving opportunities. Bharti Infratel is now again moving up after remaining in a sideways range on the back of strong technicals. It is a buying opportunity and so is NBCC."

"NBCC had a big rally, a pause and now what we hope is a resumption of that rally. So, these are two buying ideas for the day," he added.

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"Raymond is showing a chart that is perhaps giving a sense that it is distributing after a big rally. Even if it is not, there is probably a short term down move there. So that is a short sell. So two buy ideas, and one short sell. "

"HUDCO is going to be an outperformer. Once we saw that big gap up rally, it tells us that the stock is prime for much bigger gains in the next two or three years. Be a long term investor, which means have a time horizon of one year plus. At current level HUDCO is a buy," he said.