Buy IDFC, HDFC on dips: Sudarshan Sukhani

Buy IDFC and HDFC on dips, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "For a short term trade Reliance Communication is worth looking at. The stock has come down at a strong support level, it was bouncing in that support and showed signs of life today."
He further added, "IDFC and HDFC are worth buying at dips. What we are going through currently is a small dip in the Nifty from 5400 to 5250. In this environment IDFC is now going to be an outperformer and should be looked into. HDFC because of this fact that it is a large Nifty weightage stock is worth looking at for a short term trade. IDFC is actually a positional trade also."