Moneycontrol PRO
HomeNewsBusinessBuy Amara Raja Batteries, Interglobe Aviation, United Spirits: Sudarshan Sukhani

Buy Amara Raja Batteries, Interglobe Aviation, United Spirits: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com suggests buying Amara Raja Batteries, Interglobe Aviation and United Spirits.

August 16, 2017 / 11:19 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would avoid almost all of the high-beta stocks except for DLF. It does appear that DLF went through a deep correction and the trend in many real estate stocks is on the upside. So DLF because that was very large bar, once it consolidates, the stock is a buying opportunity for me. However, for other high-beta stocks, avoid them completely."

"There are two stocks, one is Amara Raja Batteries which has been in some kind of a bear market. It is now finding support and is a buying opportunity today."

"Second is Interglobe Aviation which is also fairly strong and suggests a rally."

"United Spirits could recover back to Rs 2,700 levels. The trend is very strong and what we are seeing is only a minor dip. It is actually a buying opportunity," he added.

first published: Aug 16, 2017 10:56 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347