Buy Indiabulls Housing, Jubilant Food, Voltas: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indiabulls Housing Finance is giving us a bullish pattern, a breakout from that pattern. A lot of the PSU banks are giving us the same pattern. I really don’t know whether these will work or not, that we will know tomorrow afternoon, but as of now Indiabulls Housing is a buying opportunity."

"Voltas is making lifetime new highs, it consolidated for four days and broke out. Breaking out into a lifetime new highs is a good idea, it is a stock that is not likely to stop immediately, there is momentum buying and a short term trade to go long," he said.

"Jubilant Foodworks is at lifetime new highs, go and buy it," he added.

"The only trade in Reliance Industries is to go long in it. At current level, it is no big deal, you can buy it. We don’t say that it has gone up so much becuase the real movement in Reliance will come when it comes. It is giving the same patterns as Hindustan Unilever. When HUL broke out, it went from Rs 300 to Rs 1,000. I don’t know what Reliance will do, it will give us similar rewards. Don’t know when, but as of now for a short term trader today’s rally takes it to 20-25-day high where a buying opportunity exists. So Reliance for the short term is a buy."Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.