Buy Indiabulls Housing Finance, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indiabulls Housing Finance has been an outperformer. While most stocks have fallen even real estate stocks have been a little choppy, Indiabulls Housing Finance has been in a strong upmove. A minor downtrend and that minor downtrend has again ended and a new resumption of the uptrend is now visible, it is amazing."

"It is a buying opportunity, not a day trade, it is more of a swing trade or a positional buy. It is worth buying into," he added.

At 10:06 hrs Indiabulls Housing Finance was quoting at Rs 595.75, up Rs 5.75, or 0.97 percent. It has touched an intraday high of Rs 599 and an intraday low of Rs 585.50.