Buying opportunity seen in GVK Power, Lanco Infra: Sukhani

Buying opportunity is seen in GVK Power and Lanco Infra, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, “GVK Power is something that’s worth buying into. We are all assuming that this market will slowly inch upwards. If that assumption falls flat and if the Nifty slides below 5200 and goes lower then these trades should also be closed. In case the Nifty stays stables then infrastructure is again becoming a buy and it’s not just GVK Power I would say at these dips even Lanco would be a buying opportunity. We are probably buying at dip there.”
He further added, “I don't think there is any buying opportunity is Mastek or KPIT Cummins. Geometric is a better chart, Geometric and Aptech. For different reasons both these stocks can be bought into but we are then buying a sector that is underperforming. That we must understand. Within that constraint these two charts suggest upside potential. It is far better to buy infrastructure or even in the private sector banks which are relatively high beta currently.”