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 Torrent Pharmaceuticals, Siemens, NIIT Technologies, Muthoot Finance and Glenmark Pharma.
“Torrent Pharma is a buying opportunity. We are looking at a dip in Torrent Pharma. That dip is now entering into a consolidation and probably seeing a resumption of that rally. Siemens is a buy, this has been a buy in my list many times, it is at its lifetime new highs. It is also building a trading range there. So outperforming stock, it can break on the upside again. NIIT Tech is a buy, same story, big rally, a consolidation and a possible breakout on the upside. Muthoot Finance is also a buying opportunity, almost the same patterns, big rally, consolidation, midcaps are consolidating rather they will break on the upside or they won’t, we will find out but we have to take that trade. Finally, Glenmark is a short sell, the stock is now on the verge of distributing and breaking down,” he said.
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