Larsen & Toubro can outperform, buy NTPC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Larsen & Toubro (L&T) made a new high yesterday in recent months, that itself is bullish. Since the Nifty is holding on to 8,600, L&T could be an outperformer, it is a short-term trade." "A much longer term trade is NTPC which is coming out of a long bear market. It is a day trade as well as swing trade which is why it is on my list today. You buy NTPC and hold it if you want to carry it for a few months. It is available at all timeframes," he said."All stocks will consolidate and correct. So, Maruti Suzuki is not in my list today. Mostly, I am looking at midcaps, for example Emami is just on the verge of a breakout on the upside. So, largecaps are not in the radar today. We are focusing on the Nifty itself, on the Bank Nifty and on midcaps," he added.