Buy Lanco Infra, says Sukhani

Sudarshan Sukhani, s2analytics.com advice traders to buy Lanco Infra at current levels.

Sukhani told CNBC-TV18, “I would buy Lanco Infra, that’s now bottoming out and promises probably the best returns. For Nagarjuna it’s wiser to wait patiently. It’s seen a run up. The correction could continue or even become choppy. GMR Infra is the least preferred of the infrastructure stocks. It doesn’t mean it’s not good enough, but there are other choices, the once I have mentioned.”
He further added, “There is nothing in the Nifty. I think in individual stocks it’s possible to still go long in stocks like Lanco or even GVK Power. But please be warned. The markets are going to get choppier. So that’s a risk that the trader needs to take. Every day is not a trading day.”