Buy NBCC, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "National Buildings Construction Corporation (NBCC) has been an outperformer and after that it had a normal correction and I say normal because it was not deep, it was just something that should be expected after a big bout of upmoves. That correction is now ending with another trading base that is giving us a bullish pattern. So, it does appear that sooner or later it should break out and go and test its earlier highs and that should be quite impressive for position traders, so you buy it and hold it.""These are not day trades, not next week trades and we don't need them. They are something that you can put your money in and wait for a few weeks and hopefully get something more out of it.""NBCC has an attractive pattern, has a very good pedigree behind it, a very big rally and the chances are that it should do well in the first few months of next year," he added.