Exit Educomp; buy ICICI Bank : Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy ICICI Bank, Axis Bank but exit Educomp Solution.

Sukhani told CNBC-TV18, “I have been bearish on Educomp Solution when it was at Rs 900. So that’s been a consistent call. I don’t think there is anything in this. Now it’s very difficult to advise a switch or an exit for somebody who has bought it at a much higher price but it is still better to get out of Educomp and go into one of the better blue-chips. The banking is a favorite for me. Buy ICICI Bank, Axis Bank or may be buy Tata Motors which is now in a correction of some kind. I don’t know what Educomp will do; I am not upbeat on it.”