See higher levels in GAIL, buy HDFC Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are three sectors that are looking attractive and suggesting that they would outperform the Nifty. The first is the IT sector. I do not have the stocks because I have been talking about the sector regularly. The second is FMCG and the third is energy. These are the three sectors on which my primary focus is on outperformance and GAIL India comes in energy and that is going to do very well. A bullish flag is on the verge of completion and higher levels should come.""HDFC Bank is doing something very different from the Bank Nifty. I do not know why, but HDFC Bank justifies buying. We have a stop loss, so obviously, that money management is there. Actually, I also understand that only one of the two trades will work out. Because I am not giving levels, I am not going short in the Bank Nifty. HDFC Bank, if it shows even minor strength, would be my preferred buying opportunity and I would avoid Bank Nifty in that case," he said."NTPC has a very attractive chart. It has had a nice rally, a consolidation and then a resumption of that rally. Markets do not rally continuously, they stop, they pause, they consolidate and then they renew their advance which is what NTPC is doing. So, it is not necessarily just a day trade. It is really, you want to keep a position in NTPC because I can sense that higher levels should come slowly."