Sukhani's view on IVRCL, SKS Microfinance

Sudarshan Sukhani of s2analytics.com view on IVRCL, SKS Microfinance.

Sukhani told CNBC-TV18, "I always find it difficult to recommend stocks when the broad view is not do anything. But in all fairness, the markets certainly offer some buying opportunities always. It’s not as if they are devoid of it. So if somebody has the willingness then I would say a stock like IVRCL which has fallen sharply and suddenly can be bought into. IDFC which has an excellent chart is another buying opportunity, but the focus should be on infrastructure and banks to go long, not on the other sectors.” He further added, “SKS Microfinance charts don’t suggest that there could be more upside. It’s going up, so it’s not necessary that the charts have to predict everything, but because it’s going up without a supporting chart pattern I am staying away.”