The latest analysis and commentary by stock market guru Sudarshan Sukhani of s2analytics.com on what is moving the markets today.
He shared his views and readings on Lupin, DCB Bank, ICICI Bank, Bharat Forge, United Spirits, and HCL Technologies.
Stock specific, Sukhani said, “Private sector banks are the only sector that is outperforming a little. So, if this market stabilizes after the first 1-1.5 hours which it should, consider buying ICICI Bank and DCB Bank. DCB Bank is an outperformer and should continue. Lupin is also a buy. After a long time a small base and a breakout from that base suggests some momentum and sometimes pharmaceutical does its own thing while the Nifty keeps on falling,”
“Two short sells, Bharat Forge and United Spirits. Both are in their bear markets now. So, they are relatable easy shorts,” Sukhani added.
Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/Disclaimer:
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