Prefer Tech Mahindra over Mahindra Satyam: Sukhani

Sudarshan Sukhani, s2analytics.com advice traders to prefer Tech Mahindra over Mahindra Satyam, as it is a better stock to trade in.

Sukhani told CNBC-TV18, "I have been upbeat on SKS Microfinance when it crossed Rs 90 and at that time it had already doubled but it doesn’t matter because, that is the time when technicals suggested its in a bull market now. I would be a buyer in SKS. It is very difficult to buy when the stock has moved up 3-4 days. I think everything takes a pause. Whenever there is pause in this stock price, it is certainly worth buying." He further added, "Mahindra Satyam’s resistance levels have been broken for a short-term trader, therefore a short-term trader should be looking to buy it again preferably on some kind of dip. These dips will also come." "I would always prefer to go for Tech Mahindra rather than Mahindra Satyam. Tech Mahindra is better instrument to trade in, that also has been going relentlessly up and any dip in that one is worth buying into."