Buy Indiabulls Housing Finance, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indiabulls Housing Finance has been going in a narrow range for three days. Given the relatively benign market momentum, that narrow range should break on the upside. So, I would be a buyer here. Far easier, if you see green ticks on the screen for Indiabulls then you can buy or you can be a little patient. However, that is a matter of tactics only.""Broadly it is a buying opportunity; it is just breaking out of a large resistance and that gives us ambitious targets," he added.