Exit Lanco Infra; Axis Bank a good intraday pick: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that exit Lanco Infratech. Axis Bank is a good idea for an intraday.

Sukhani told CNBC-TV18, “There maybe more upside in Lanco Infratech, but it is very speculative. If the investor is anywhere above his/her cost price should get out of it. This kind of speculation can work both ways, favourably or sometimes very unfavourably. So it is too much of a risk. This is a good time to get out and then plan trade in some other counter.” He further added, “Axis Bank is a good idea for an intraday call but anyone who is taking an intraday trade should be aware how the markets can be volatile. But within those constraints Axis is a good idea.”