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 Voltas, Siemens, Raymond, Glenmark Pharma, Zee Entertainment, M&M Finance, Indiabulls Housing Finance, Apollo Tyres.
Speaking about the individual stock ideas, Sukhani said, “Voltas is an excellent opportunity. There was a small correction, bullish head and shoulder is in place, and I think it is worth buying. Siemens has been an outperformer and that should continue. After a four day consolidation it is just suggesting a breakout on the upside. That is a buy. Raymond which is now pushing against strong resistance and crossing it, and also new highs, so Raymond is a short term buy. Siemens and Voltas can be held for many weeks.”
“I have two short sells, Glenmark Pharma and Zee Entertainment. Zee I think is going much lower. So, the short sells are always intraday, but both are available,” he added.
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