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, Bajaj Finance, Cummins India, Dr.Reddy's Laboratories, Petronet LNG.
"Midcaps are just roaring to go, so start with Bata India, 5 day decline in Bata is probably a bullish flag, more upside here. Bajaj Finance which is now on the verge of a breakout. Then we have Cummins, it has made an attractive basing pattern at the lows. It is already in the bear market so that is the first sign that it is coming out of that bear market. It is worth buying into. Dr.Reddy's Laboratories a trading range which is on the verge of a breakout and so many midcaps are doing this. Now this can fail that is a different issue. At least the midcaps are giving a message that they are willing to go higher. Finally, Petronet LNG where a 4 month trading range is on the verge of breaking out."
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