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

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

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

January 08, 2018 / 12:48 IST
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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."

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"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."

CNBC-TV18
first published: Jan 8, 2018 12:47 pm

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