Buy IDFC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises to buy IDFC as the charts look attractive.

Sukhani told CNBC-TV18, “It is a nice day and there are individual stocks where there is certainly more potential for gains. So we will go and buy. We are buying IDFC, it made a trading range and it has broken out of that range, it is doing well. It may actually have bottomed out. So buy IDFC expecting continued momentum gains into tomorrow.”
He further added, “Hindustan Unilever (HUL) has been in a trading range again but it was outperforming even when the Nifty was choppy and actually falling. That trading range is now breaking on the upside. HUL is an excellent buying opportunity if the Nifty is to go up, HUL and heavyweight will participate and the breakout should see significant upside.”