Prefer Hathway Cable, avoid Persistent Systems: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hathway Cable and Datacom has been in a trading range for almost two months now. It is now coming out of that. That trading range itself is part of a larger base. So Hathway Cable will give us better opportunities if you were to buy a midcap, it is better."

"Persistent Systems has given us a sharp V-shaped rally. These rallies inevitably fall into some kind of resistances, so I would stay away from Persistent now," he added.