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 Infosys, Tata Chemicals, Hindustan Unilever Ltd (HUL), Bharat Forge and Castrol India.
“I am buying Infosys, it is possible that yesterday was the first sign that the dollar weakness or the rupee strength may now be coming to some kind of a support level. Infosys had a good day yesterday. Hindustan Unilever (HUL) is a buy. It is falling relentlessly every day. I am still willing to buy it because the pattern suggest that the decline is coming to an end. Tata Chemicals is a buy because that decline has led to a consolidation if not anything we should get a relief rally here. I have two short sells Bharat Forge, the rally was just fizzled out, it is in a bear market and Castrol India which has faced resistances and is now coming down.”
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