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 United Breweries, Bata India, Cummins India, Coal India, CESC, Aurobindo Pharma, Marico, Engineers India, Jaiprakash Associates.
Talking about his stock picks Sudarshan Sukhani said, “Midcaps are the place to be today for the day trader for the intraday trader. Starting Aurobindo Pharma where a bull run continues, small dips are buying opportunities so consider buying Aurobindo Pharma. Similarly, consider buying Marico, it is outperforming the FMCG pack and it is giving us a very nice trend, same patterns small consolidations then breakouts on the upside so these are two excellent midcaps to buy into.”
He also said, "Today there is no theme, there is not even a sector where I can say okay this is what could drive markets today. Today is a pretty confusing day for me. There are midcap opportunities on the long side and they are all steady and already on ongoing up trends. United Breweries that is a buying opportunity, it is a day trade and a positional trade. Bata India that theme continues, it is probably heading much higher, you can hold it or trade it for the day."
Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/
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