May 23, 2012, 12.41 PM IST

Buy Divis Labs, TCS: Sukhani

Sudarshan Sukhani of s2analytics.com is bullish on Divis Laboratories and TCS and has recommended buy rating to the stocks.

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Sudarshan Sukhani of s2analytics.com is bullish on Divis Laboratories and TCS and has recommended buy rating to the stocks.


Sukhani told CNBC-TV18, " Divis Laboratories has come earlier in my buying list as well. This is a stock that is making new highs and all new highs must be bought. I think yesterday the rally fizzled out because suddenly the markets turned but today in a choppy environment, at lower levels, I would say Divis Labs is an excellent intraday buying opportunity."


He further added, " Tata Consultancy Services (TCS) is an out performer; yesterday it saw very decent gains. Those gains have also brought it to the top of a resistance level and a trading range. If TCS shows any further gains today, it will be a breakout candidate and intraday traders should then go long in it. If it is just bouncing and if it is lower than yesterday wait patiently, the moment it shows that plus, again from yesterday’s close, it becomes a buy."


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