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Last Updated : Jan 08, 2018 12:48 PM IST | Source: CNBC-TV18

Buy Bharat Forge, Biocon, Shriram Transport Finance: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com suggests buying Bharat Forge, Biocon and Shriram Transport Finance.

CNBC TV18 @moneycontrolcom

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks are again on the buy side itself. There are so many midcaps buzzing. Bharat Forge is a buying opportunity. The stock is in a sustained uptrend, it is breaking out from a small range. That is the classical way an uptrend develops – big moves, trading consolidation, and then a breakout to another big move. So that is Bharat Forge for you, it is a buy."

"Biocon is also a buying opportunity. It has the same pattern as Bharat Forge, big moves, consolidation. So, it does tell us that midcaps still continue to outperform."

"Shriram Transport Finance comes in the buy list after a long time . This stock is now coming into play. So, this is a short term trade, again consider buying it. Overall, be on the long side of the market."
First Published on Jan 8, 2018 12:47 pm
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