Moneycontrol
Last Updated : Dec 12, 2017 10:59 AM IST | Source: CNBC-TV18

Buy ACC, UltraTech Cement on dip: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may buy ACC and UltraTech Cement on dip.

CNBC TV18 @moneycontrolcom

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "ACC and UltraTech Cement on a dip remain intraday buying opportunity. Generally cements should be a buy on dips."

"Two short sells have also emerged and both form financials one is LIC Housing and other is Punjab National Bank (PNB) from the PSU bank pack. These are intraday shorts, but I think this entire sector will give short sells today."

"My sense is that Nifty itself will consolidate for some days, so aviation’s dip needs to be taken with care because crude is not helping. So, I don’t think this is a buy," he added.

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First Published on Dec 12, 2017 10:59 am
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