Sukhani told CNBC-TV18, "The markets are very cheerful so I do not have levels for SpiceJet specifically but I do have a time range. I do not think one should hold on to SpiceJet for a long time.
He further added, "I think the trend in Unitech is going to continue. Every dip here is a buying opportunity, momentum still favours more upside. We haven't reached overbought levels so it is a good sector to be in for the short-term trader. Unitech is likely to reach a target of Rs 40, everything else going well for it and well for the market. So I would suggest one should hold on to two-three months."
He further added, "The entire real estate sector is roaring and it is cheerful so each has their own likes and we like Indiabulls Real Estate, HDIL and Prestige Estates and DLF for the last 15 days. But that doesn't mean the other stocks are not good. It is just that we have to pick and choose. These are my choices."
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Hold Unitech with 3-6 months perspective: Sukhani
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