Buy Titan, RIL, India Cements; short Ajanta Pharma: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Titan Company, Reliance Industries and India Cements and short Ajanta Pharma.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap Tech Control

Budget 2017

Presented By:

DAYS hours minutes

Co-Presenting Sponsor :

Associate Sponsors :

Co-Presenting Sponsor :

Associate Sponsors :

Home » News » Stocks Views

Sponsored by :

Jan 11, 2017, 09.59 AM | Source: CNBC-TV18

Buy Titan, RIL, India Cements; short Ajanta Pharma: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Titan Company, Reliance Industries and India Cements and short Ajanta Pharma.

Like this story, share it with millions of investors on M3

Buy Titan, RIL, India Cements; short Ajanta Pharma: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Titan Company, Reliance Industries and India Cements and short Ajanta Pharma.

Post Your Comments

Share Cancel

Sudarshan Sukhani (more)

Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The small cap and mid cap sector has come out suddenly at the end of December and is significantly outperforming and actually rewarding and giving profits, that is a theme. So, it is much easier to focus on small caps and mid caps and that is how we start."

" Titan Company had five days of narrow ranges after what is probably a double bottom, there should be an imminent break out. So, consider buying that. Siemens is part of that infrastructure theme, here also three day trading range and the stock is on the verge of breaking on the upside. Then we have that old favourite - Reliance Industries , it never cross that threshold but maybe it will the charts are fairly bullish. I would be a buyer in Reliance in anticipation of an upmove sooner or later. It is a swing trade but it is worth investing. That Rs 1,100 -1,150 threshold, whenever it has crossed will give a big move just Hindustan Unilever  when it crossed Rs 300 many years ago," he said.

"Finally India Cements is a buying opportunity, this stock has been rallying. All cement stocks are rallying, India Cements is just the stock of choice for the day. Ajanta Pharma is a short sell if you see the charts, it is making lower highs lower lows consistently and pharma is all over the place. Pharma is not a buy, wherever possible this sector is a short."

Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com
Buy, Hold, Sell ? Hear it first on M3
Buy Titan, RIL, India Cements; short Ajanta Pharma: Sukhani

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login