Sukhani upbeat on Ambuja Cement, HDIL, Shree Renuka Sugar

Sudarshan Sukhani, s2analytics.com is upbeat on Ambuja Cements, HDIL and Shree Renuka Sugar.

Sukhani told CNBC-TV18, "Yes, cement is one of the few sectors where some buying is not only possible probably a good idea. So, I would go for Ambuja. Ambuja is the best among the lot although Grasim has a holding company, UltraTech all these chart looks attractive but Ambuja is the best." He further added, "HDIL inspite of the fact that HDIL has disappointed earlier I was very upbeat on it and then it started falling so we had to get out and say don’t touch it. But probably HDIL is an attractive buying opportunity, DLF comes second." "In the sugar space, only one stock Shree Renuka Sugar has made an attractive bullish pattern. It broke out and then the breakout sort of failed atleast initially but sooner or later Renuka is going to get going because there is a lot of pattern support for it. So, that’s a stock we will be looking to buy but not necessarily today."