Moneycontrol
Mar 21, 2017 09:59 AM IST | Source: CNBC-TV18

Buy AB Nuvo, Tata Global, Arvind, Voltas; sell Amara Raja Batteries: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com suggests buying AB Nuvo, Tata Global, Arvind and Voltas and advises selling Amara Raja Batteries.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Aditya Birla Nuvo is not just a swing trade, it is also a positional trade. It is on the verge of a significant breakout. Apart from derivatives in the F&O segment, you could buy it in equity and hold for a few weeks." 

"The second swing trade, rather positional trade is Tata Global Beverage. After a six-week consolidation, Tata Global is now coming out of that consolidation on the upside. Here also there is a swing trade, you could also buy equity and hold it," he said. 

"Arvind is a short-term trade. The stock is on the verge of breaking from a narrow range. That should give some momentum on the upside. We also have Voltas for buying, all of these are for buying, and Voltas is giving the same sense -- tight range  and an imminent breakout. It is a short-term trade, but it is there." 

"I have a short sell which is just to balance it out a little. Amara Raja Batteries is making consistently lower highs, lower lows, it should probably continue to do that."

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