HDIL, Indiabulls Real may see further upside: Sukhani

HDIL and Indiabulls Real may see further upside from current levels, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “I would avoid DLF. Anything that comes in news is best avoided especially in high beta sectors. I am still long, I would suggest long positions in HDIL and Indiabulls reality. It is not important to trade all the companies of any sector. The two best currently are the ones I have named and they are likely to move further up from here.”
He further added, “Idea Cellular is just beginning. I see some very nice chart patterns develop in Idea and Bharti Airtel and we have been talking about it for the last 2-3 days and luckily Idea has been rallying today also. There is more upside here. It is not the end, it is the beginning probably. Dish TV is a little more subdued for me in the sense that I don’t think its going to go much beyond where it is now. So Dish TV is something that should be bought only on significant corrections.”