The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today.
He also spoke at length on HCL Technologies, Larsen & Toubro (L&T), Reliance Industries, Amara Raja Batteries, Coal India, Titan, Axis Bank, and Mahindra & Mahindra (M&M).
Sudarshan Sukhani stock recommendations are, “Titan is a buy, Titan has been making lifetime new highs, it has been showing outstanding momentum on the upside, consider buying that. The Nifty Bank is now flat but it is having a bullish bias. Axis Bank should lead if the Nifty Bank decides to breakout on the upside so consider buying Axis Bank. Just to balance it out, only for the day Mahindra & Mahindra is a short sell.”
“I have some heavy weight s for buying. One is Reliance Industries, it is making a very attractive short-term bullish pattern that bullish pattern should see breakout and go to higher levels. So Reliance is a buy. The same applies to L&T, again after a sharp dip it is building a base and suggesting that a break out on the upside is eminent so L&T is a buy. Then HCL Technologies again the same story, after a minor dip HCL Tech is probably going to go higher. Three largecaps , two short sells in the midcap Coal India and Amara Raja Batteries. Today’s choppy market could give us shorts and longs both.”
Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Disclaimer
: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.