Exit Indiabulls Power: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one should exit Indiabulls Power. However, one can buy Adani Enterprises and Hindalco.
 
Sukhani told CNBC-TV18, “One should get out Indiabulls Power immediately. The chart itself is not very conducive and as a matter of trading tactics it is not a good idea to have such rigid positions without exit strategies. Stock ideas will always be there. Even in choppy markets I think there is a lot of movement that is possible. We talked about Adani Enterprises that was giving a big upmove and then we have Hindalco where there seems to be some possibility of an intraday or even an overnight move on the long side, both are buying opportunities.”