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Buy L&T Finance Holdings, says Sukhani

Buy L&T Finance Holdings, says Sudarshan Sukhani of s2analytics.com. On Diwali day it had a very dramatic upmove and that is going to continue. So if there is a slight mild setback to prices, it is an excellent position trading opportunity.

November 15, 2012 / 11:44 IST
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Buy L&T Finance Holdings, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "L&T Finance Holdings has been in a consistent upmove after it got listed. It was in a trading range, burst out of that range and went on moving. On Diwali day it had a very dramatic upmove and that is going to continue. So if there is a slight mild setback to prices, it is an excellent position trading opportunity. It is not a day trade, you buy and hold for a few weeks and then you see Rs 100 on the stock."
He further added, "Bharti Airtel is a buy. If I sense that the markets are moving down today, I do not have to buy it right now. But the charts are telling us that much higher levels are coming and the same applies to Idea. So traders should watch Bharti, see if the markets stabilize and then a long trade is justified. That is justified almost on all the days. It is going into a strong uptrend."
first published: Nov 15, 2012 10:32 am

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