Invest in Indiabulls Housing Finance: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Indiabulls Housing Finance is a much better chart. There was a sharp rally and then that inevitable correction – that correction lead to a trading range which turned out to be a fairly bullish pattern. It is breaking that bullish pattern. So if the market goes into sideways mode then some stocks will do well and Indiabulls Housing is giving a sense that for the short-term it is good."

"If one is looking for an investment in midcap stock even though its housing, its finance, it is worthwhile looking at it as an investment also," he said.