The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today.
He shared his views and readings on Hindustan Unilever (HUL), Sun Pharmaceutical Industries, Manappuram Finance, Tata Chemicals, JSW Steel, Havells, Reliance Industries.
Stock specific, Sukhani said, “Hindustan Unilever is a buying opportunity. That is the large index stock that I am looking at to buy. Sun Pharmaceutical for different reasons, nothing to do with the index, the stock chart is very attractive and the chances are that this rally in Sun Pharmaceutical could continue no matter how choppy the index becomes. That is a buy. Manappuram is a buying opportunity. Look at the charts, slowly steadily, almost by stealth it is going up. There is probably now a breakout there and higher levels to come.”
“I have two short sells, Tata Chemicals which has not participated in this rally at all, and JSW Steel which did but seems to be stalling almost immediately after that small rally. These are intraday shorts,” he added.
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.