Buy India Infoline on declines: Sukhani

Buy India Infoline on declines, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "India Infoline had consolidated, broken out, so to that extent India Infoline is justified as a buy. It has seen a virtually straight line advance and this advance is going to stop. So the next buying opportunity will come when it consolidates or dips but the trend is up. So you should be looking to buy."
He further added, "LIC Housing Finance is a much better chart, it has consolidated, and it is now breaking out. It always was one of the better stocks. It is a low beta play, it has not done much. But rather than a day trade somebody who takes a position in LIC Housing should be fairly rewarded. You have to wait for 2-3 months. The chart is ready for a significant breakout on the upside."