S Kumars best bet in textile pack: Technical Trends

Textiles as a theme seems to be rising.


What would your call be really on not just textiles but typical pockets which do see pre-budget rallies-the likes of education and textiles...what would you do with both these sectors?

Sudarshan Sukhani: Well I would stay away from the railway equipment part which you did not mention but that is also I would not go in because the trade is so well known now that it is very unlikely that you will get money in it. Textiles as a theme seems to be rising, it comes back all the time and then it’s a failure but that is a risk you have to take.

Here my first choice would be S Kumars because S Kumar has been in a trading range for 8 to 10 months. It is almost ready to do what Arvind has already done so that would be the first choice. Arvind is a buy only on significant corrections and Alok is a speculative bet something worth looking into so this would be the order. I would not go for any kind of pre-budget hunting it is too much now out in the open.
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