Sudarshan Sukhani of s2analytics.com one can enter in IDFC at current level.
Sukhani told CNBC-TV18, "IDFC did quite well. That is an exceptional stock now. It has completed a bear market, rallied after a very decent base and I am pretty upbeat on it. Now it has not begun its correction. Yesterday, infact it did the exact opposite and said there was a small consolidation and the stock said I am willing to go above. So we will just wait for the rally to continue and stay long with it or even enter long at current prices. It is probably promising much more upside before it stalls or consolidates."
He further added, "Havells India was already in an uptrend. It has come in the buy list. It is not a strong momentum stock. So it doesn’t figure often but it has been a buying candidate. Yesterday, it made new highs. New highs should be bought into. In any case the trend was up; it is not a sudden development, so Havells was in an uptrend. Yesterday’s price action confirmed that momentum is strongly on the upside and we should be buyers here."
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