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Buy Dalmia Bharat, sell Dewan Housing Finance; avoid PNB: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dalmia Bharat and can sell Dewan Housing Finance while one can avoid PNB.

March 01, 2018 / 01:54 PM IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual stocks are different stories and I actually have Punjab National Bank (PNB) as a short sell. At some point PNB will become a short sell but the levels are no longer relevant."

"I also have Dewan Housing Finance as a short sell, housing finance companies are probably going lower. So that is a short which could be taken."

"Dalmia Bharat Cement which is in the news since today morning or yesterday evening is a buying opportunity. In spite of the small modest rally we have seen today there is more upside here. So, ignore PNB and look at Dalmia Bharat as a buy and DHFL as a sell," he said.