Buy Crompton Greaves; sell Adani Ports: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There was a big run up in Crompton Greaves and then a small decline; that was a correction. The small decline as compared to the run up tells us that this was a correction. That correction is now getting over. So, much to my surprise, we are having bullish patterns, bullish signs in Crompton Greaves. So, we buy it."He further added, "Adani Ports is independently a sell because Adani Ports had a decline from Rs 300 to Rs 235. It was remarkable and then a small rally – after such a big decline, a small rally, a collective rally is always possible. That came about and that simply stopped. So, Adani Ports is probably going to go down again. Now, the intensity of the decline, we do not know but it is a short sell."