Moneycontrol PRO
HomeNewsBusinessBuy Infosys, DHFL, Interglobe Aviation, M&M, South Indian Bank; sell Andhra Bank: Sudarshan Sukhani

Buy Infosys, DHFL, Interglobe Aviation, M&M, South Indian Bank; sell Andhra Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, DHFL, Interglobe Aviation, M&M and South Indian Bank and can sell Andhra Bank.

January 09, 2018 / 10:48 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Infosys is ripe and prime for a big rally. We will buy the stock."

"We have Dewan Housing Finance (DHFL) as a buying opportunity. It has an excellent chart. Wait patiently in the morning and then consider buying it simply because of the news."

"Interglobe Aviation (IndiGo) is a buy. It had a nice correction, and that correction is over. Apparently significantly higher levels are coming."

"Mahindra and Mahindra (M&M) again had a big rally, a small consolidation, and what we assume will be a resumption of that rally. So there are a wide variety of stocks that we could be buying," he said.

"Andhra Bank is a short sell. The stock has filled that gap which the PSU banks had created. It is now lower than it was when the gap was created. So, it is a short sell, easy short."

"South Indian Bank is an opportunity to buy. I also have investments in the stock. I would not touch IDFC twins, any of them."

"Tata Steel is so much easier to trade and to enter into. Berger Paints and PC Jeweller are for intraday buying," he added.

CNBC-TV18
first published: Jan 9, 2018 09:58 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347