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Prefer IndusInd Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may prefer IndusInd Bank.

February 24, 2014 / 15:13 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I wouldn’t touch public sector undertaking (PSU) banks at all. So Punjab National Bank (PNB) is out for me. IndusInd Bank is an attractive opportunity for intraday traders but more than intraday, one has to carry it for a couple of days to get a real benefit."

"If the Bank Nifty is breaking out and IndusInd Bank has a basing pattern in its own chart, there would be gains there. I cannot say if it will be intraday, I would rather carry it forward," he said.

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Disclosure: Analyst does not have positions in the stock.

first published: Feb 24, 2014 03:12 pm

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