Go long in telecom stocks after consolidation: Sukhani

Jun 18, 2013, 06.27 PM IST

Sudarshan Sukhani of s2analytics.com is of the view that one should wait for consolidation to go long in telecom stocks.

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Sudarshan Sukhani of s2analytics.com is of the view that one should wait for consolidation to go long in telecom stocks.

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Go long in telecom stocks after consolidation: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one should wait for consolidation to go long in telecom stocks.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "All three telecom stocks are buying opportunities and my order of preference is Idea Cellular then Reliance Communications and finally Bharti Airtel . But after rallies it makes a lot of sense to wait patiently for markets to consolidate, for these stocks to consolidate, but the opportunity to go long exists not immediately."

"Wait for these consolidations even intraday consolidations and then go long. It will give you more money, but all three stocks are cheerful," Sukhani said.

Harmonis Hubungan