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Buy Larsen & Toubro, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro and feels that HCL Technologies will become a buying opportunity at around Rs 900.

August 03, 2015 / 10:08 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Larsen & Toubro (L&T) is still a buying opportunity irrespective of the numbers. I would say that it is not a short-term trade anymore. You wait patiently for L&T to come and correct and it will in the next one or two months and then buy it. That applies to HCL Technologies also. I am assuming it was not very bullish, it doesn't matter.""The charts are very good for HCL Tech, better than Tata Consultancy Services (TCS) or better than Infosys so it is not a trade today. You wait patiently, let it come to Rs 900 that is 10 percent decline from the closing levels and somewhere in that area it becomes a buy. That could take weeks but I would not short sell it in any case," he said.

first published: Aug 3, 2015 10:07 am

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