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 Axis Bank, Bajaj Auto, Bajaj FinServ, Oil and Natural Gas Corporation (ONGC) and CG Power and Industrial Solutions.
Talking about stocks, he said, “HDFC Bank, ICICI Bank and Axis Bank are giving a sense that more momentum on the upside is there. So Axis Bank is a buy.”
“Bajaj Auto is coming out. It is putting its act together, it has built a base and it is now outperforming 3-wheeler and 2-wheeler stocks. Bajaj Auto is a buy. Bajaj Finserv is a buy and the stock has had a one way rally. It is one of the few non-banking financial companies (NBFCs) which you can buy with comfort,” he added.
“Oil and Natural Gas Corporation (ONGC) is a remarkable chart. It’s in a bear market and for the last 6 months it is building attractive bullish pattern. It is a positional buy and also for today. I have CG Power and Industrial Solutions as a short sell, more to balance it,” he further added.
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