Buy L&T Finance Holdings: Sukhani

Buy L&T Finance Holdings, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I would not still consider L&T Finance Holdings to be a selling idea. The run is over in the sense that that big move has come and gone, but the trade is still to buy it, it is not to sell. Except that you do not buy it today you wait for the fall to stem, but I would be a buyer in it. The stock has very long-term potential on the charts."
The share touched its 52-week high Rs 97.35 and 52-week low Rs 41.65 on 19 December, 2012 and 15 May, 2012, respectively. Currently, it is trading 15.87% below its 52-week high and 96.64% above its 52-week low. Market capitalisation stands at Rs 14,055.58 crore. Disclosure: I have no holdings or interest in the above stock.