Buy Indiabulls Housing Finance: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indiabulls Housing Finance is not in the F&O segment but we sometimes miss good stocks. It is not easy because we focus on the futures and options list. However, Indiabulls Housing has been rallying relentlessly. You yourself will recoginse higher-highs, higher-lows and it is on the verge of making a new high again. This is a buying opportunity; it is also an investment idea not just a short-term trade if you want to hold it for a few months."

"Power Finance Corporation (PFC) is now at the lower end of a trading range, Rural Electrification Corporation (REC) is also the same. We are going on the assumption that this market is going up. Otherwise if you are really buying at the lower end anticipating if not anything a rally to the higher end and you follow a stoploss because if financials suddenly do not do well then you must get out," he added.