Go long in DLF, HDIL and Indiabulls Realty, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, “I would see a follow through- that assumes that the markets will go up next week but if they do then IVRCL would be the preferred choice and then NCC and finally Jet Airways, which I think is best left alone.”
He further added, “There is something going on in infrastructure. It could be a relief rally, we don’t know that but there is a rally for sure. So it is much better to focus on the infrastructure stocks.”
“If we are entering an uptrend we are in the initial stages of an uptrend and it’s always wise to stay with blue chips in the initial stages and with momentum stocks in the later half. This is only the beginning, I would stick with the blue-chips and that is I name 3 stocks DLF, Indiabulls Realty and HDIL. Of these 3 DLF has currently very attractive charts for buying but all 3 could be used next week to go long into.”
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