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Last Updated : Feb 02, 2017 11:29 AM IST | Source: CNBC-TV18

Buy ONGC, NTPC, Bharti Airtel: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying ONGC, NTPC and Bharti Airtel.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are two themes, one is ONGC which is from the oil & gas pack. ONGC did not have a good day yesterday. That means nothing, it is probably a dip and that is worth buying into. It is doing much better today."

"The second intraday trade isNTPC. It did not participate in that NBFC banks rally yesterday. It stayed where it was and is gaining traction today. That is a second buying opportunity," he said.

"It is very difficult to catch Idea Cellular. I am sure some traders must have got it but Bharti Airtel is a far easier trade to take on the long side. It consolidates, breaks out and consolidates. So, the charts are much easier to trade in. So there are three buying ideas, all from largecap and I think individual stocks will continue to do well. Do not short."

"You cannot buy Bharat Financial Inclusion. You have to wait for those inevitable consolidation. We keep on giving Bharat Financial as a buy in the morning sessions. So wait for that but not today."
First Published on Feb 2, 2017 11:29 am