Buy Indian Hotels; Balrampur Chini may head higher: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indian Hotels is an excellent stock. It is a buying opportunity even if it opens 5 percent higher. If you are an investor and looking for midcap stocks, there is a target of Rs 180 plus for it. So, you could easily buy it.""The charts of NALCO are suggesting an upside all the way to Rs 70, but the history is so poor. It has done nothing for so many years, maybe 10-20 years. I have become reluctant to buy it. But the charts are supportive," he said."There is a buy trade in Balrampur Chini, it is purely an intraday or a two day position. I have no views on the long-term charts, but Balrampur Chini is giving a sense that higher levels are coming."