Buy Stride Arcolab, says Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one can buy Stride Arcolab.

Sukhani told CNBC-TV18, "Stride has seen a very strong upmove and now it is in a trading range; inside the trading range we expect this to move up irrespective of what the market does. But Rs 410 should be a stop loss and we should have an ambitious target of Rs 450 plus and that is the stock you want to buy."
He further added, "When the market went up IDFC refused to participate. I think that entire infrastructure space did not participate but IDFC has been a very big disappointment; it is ready to move on the downside. At Rs 100 it has some support and that could be an initial target for a short seller but the chances are that that support will not hold and once it breaks there is flood on the downside. Some of these stocks will go up much lower than we imagine."