Sudarshan Sukhani of s2analytics.com is of the view that Suzlon Energy, GMR Infra, IDFC can gain ahead.
Sukhani told CNBC-TV18, “It is the midcaps that are suggesting some buying opportunities are coming back. We understand all the risk but the two-three stocks that are coming to fore today are Suzlon. After that big decline there is a sense that perhaps an intraday or couple of days of long positions can be built up here. The second is GMR Infra. These are stocks we have been talking about selling all the time. But now they are suggesting support levels are holding and perhaps small bounces are possible. Third is IDFC, IDFC has come back to a strong support zone. These are not positional trading opportunities. We are looking, assuming that the Nifty bounces back to some level or the other. These three stocks should do reasonably well on the upside. Have very modest expectations.”
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