The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Bata India, Berger Paints India, HCL Technologies, Titan Company, Coal India, Dr Reddy's Laboratories, Tech Mahindra, Dabur, Divi's Laboratories.
“Dr Reddy's Laboratories is a buying opportunity. This stock has now consolidated it is now breaking on the upside. I think there is more here. We have also seen how Sun Pharma bounce from the lower levels. Lot of news is just news. It is not even news so Dr Reddy's Laboratories is a much better stock. Dabur is a buy, Dabur is part of the FMCG pack which has been doing well. Dabur has already gone through a deep correction. Now the renewal of that upswing is in the offing. Tech Mahindra, all IT stocks are doing well. So buy Tech Mahindra.”
“Bata India, new highs again. Consistent uptrend. Bata is a buying opportunity. Berger Paints where a small trading range has broken on the upside. That is a buy in fact it is a better buy than Asian Paints although you could buy any of them but Berger is a chosen one. HCL Technologies has been underperforming. That underperformance seems coming to an end and it is probably willing to go higher. It is a good quality stock at the lows, we are buying on a dip. Finally, Titan another stock which is good quality, rallying the chart are conducive for the higher breakout on the upside so there are four buying opportunities mostly in the midcaps."
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