Buy Zee Entertainment, LIC Housing: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you want to buy it and hold it for a few days, a swing trade, I think Zee Entertainment qualifies. It is on the verge of making those 52-week highs as you just said. And that is always a good sign and it comes back, comes into this direction with a lot of upside momentum. It is not just sneaking through the highs. It is coming with a lot of gains. I would say there is more here."He further added, "Today’s decline tells us that we have to avoid Cadila Healthcare. It was actually a very good chart earlier. But then so was Dr Reddy's. But, once pharmaceuticals come into the news, then there is no sense in doing bottom fishing. Even now, Dr Reddy's is not a buying opportunity after so many days. Wait patiently, let the news be digested, let prices stabilise. So Cadila, if you own it, that is a pity. I do not think you should get out of it, but please do not buy it.""This market will reward many stocks, but I would be a willing buyer in LIC Housing Finance," he said.