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Buy ACC, Bata, DRL, Jubilant Foods & Wipro, says stock analyst Sudarshan Sukhani

Updated : June 04, 2019 11:02 AM IST

The latest analysis and commentary by stock market guru Sudarshan Sukhani of sudarshansukhani.com on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about ACC, Bata India, Dr Reddys Laboratories (DRL), Jubilant Foodworks, Wipro, Reliance Industries, ITC, Larsen and Toubro.

Stock specific, Sukhani said, “ACC’s breakout yesterday tells us there is more momentum on the upside. Consider buying ACC. Bata India had a small correction and that correction should get over. Good quality stocks will almost certainly participate in any Nifty rally. So Bata India is a buy. Dr Reddys is consolidating. Yesterday it just marginally broke out of that consolidation. It is one of the few pharmaceutical stocks where buying is possible. Jubilant Foodworks has made an attractive bullish pattern. It is a positional trade, also it is a trade for the day. That is a buy. Among the IT stocks I am attracted by Wipro. Wipro is making a bullish pattern after a strong rally. That should outperform.”

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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