Sudarshan Sukhani of s2analytics.com is of the view that one may buy BHEL, ICICI Bank and Voltas.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " BHEL went through very bad patch and that patch is now getting over. This stock now bounces every time it sees a decline. So, it is a buying opportunity. For short term traders there is a modest target but I would think that the trend is now finally turning up. So, we should be bullish here generally.”
“The second is also a buying idea and that is ICICI Bank . I have been upbeat on the private sector banks. We have to divide banks in two parts - we must be buyers private sector banks; Axis Bank, ICICI Bank and the best of the lot is HDFC Bank. Today I think ICICI Bank might outperform. So, we should be going long there,” he added.
“One may buy Voltas . It had a correction and that held Rs 100 very successfully. It has been bouncing from Rs 100 all the way up. So, Voltas is now renewing its up move. It is a midcap stock and a favourite of traders. Markets have broken out, so we should be on the long side whether it is in individual stocks or in the Nifty.”
Set email alert for
ADS BY GOOGLE
video of the day
Expect another 10-15% returns till next Budget: Kotak