Ignore Arvind, Alok Industries: Sukhani
Published on Wednesday, May 27th, 2009 at 7:30 PMAuthor: admin (5507 Articles)
Technical Analyst, Sudarshan Sukhani is of the view that one should ignore small stocks like Arvind Mills and Alok Industries.
“It is very difficult for me to go and tell someone that you go, it’s a momentum market and you really need to buy this small shallow dips. But do you want to buy Arvind or do you want to buy GMR infra or Punj Lloyd instead. So my focus would that look at the sectors that are doing much better. Ignore the small ones like Arvind Mills, Alok Industries.”
Disclosure: Analyst has delta neutral positions in Nifty and investments in shares.
Source : MoneyControl
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