Feb 16, 2017 12:30 PM IST | Source: CNBC-TV18

Sell Apollo Tyres, JSW Steel; buy Tech Mahindra: Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres and JSW Steel and advises buying Tech Mahindra.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have two stocks for short selling, Apollo Tyres and JSW Steel. Both have been in sustained downtrends in any case, so small rallies in these stocks can be sold into. Tech Mahindra from the IT pack is a buying opportunity. All four-five of the heavyweights are worth buying except for Wipro."

"ICICI Bank is something that you can consider going short on any minor rally which is for intraday," he said.

"Tata Motors fell so much yesterday that this could easily be classified as a relief rally. So, it is not worth buying into."

"Entire real estate pack is giving signs of life and it has done that many times then failed but it is showing that perhaps the momentum is intact. So, I would be a buyer in DLF on dips," he added.

Sections
Follow us on
Available On