NIFTY 50

Buy REC, DCB Bank, TVS Motor, HUL & sell NMDC, says stock analyst Sudarshan Sukhani

Updated : July 29, 2019 10:32 AM IST

The latest analysis and commentary by stock market guru Sudarshan Sukhani of s2analytics.com on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about REC Ltd, DCB Bank, TVS Motor Company, Hindustan Unilever Ltd (HUL) and NMDC.

“REC is a buying opportunity. That stock has come up from its earlier lows, that bear market is over and there is a sense that it may have at least some short-term momentum. DCB Bank is one of the outperformers in the banking sector, the private sector banks and that should continue. So that is a buy. We are looking at financials today. TVS Motor, which is bouncing back from support is a short-term buying opportunity. HUL is a buy, earlier also, two days ago I had HUL. I think that the Nifty contributions this time would be significant from HUL also. So that is a buy. One short sell, NMDC. The chart is going nowhere so an intraday short is possible,” he said.

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

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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