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 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.
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