Exit IDFC: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one should exit IDFC.

Sukhani told CNBC-TV18, “I think the investor should get out of IDFC. In this Budget rally whether pre-Budget or post Budget I hope some price appreciation will take place. That is the time to exit. Trader has to accept whatever comes his way including losses. I wouldn’t say that six month is a good time horizon to stay with it.”
At 15:04 hrs IDFC was quoting at Rs 157.65, up Rs 1.60, or 1.03%.It has touched an intraday high of Rs 160.40 and an intraday low of Rs 155.80.It was trading with volumes of 372,248 shares.