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Last Updated : Jan 31, 2018 01:28 PM IST | Source: CNBC-TV18

Buy BHEL, Dabur India, Jet Airways, Wockhardt, IOC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying BHEL, Dabur India, Jet Airways, Wockhardt and IOC.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "In spite of the fact that the midcaps are falling a little, there are many opportunities on the buy side. BHEL is a buying opportunity. The stock has had a very attractive rally, a small correction and probably a resumption of that rally."

"Dabur India is also a buy. We have seen how HUL has been outperforming. FMCG probably is going to play catch-up, the others which haven’t and Dabur is an attractive opportunity on the long side."

"Jet Airways, whether it is because of the crude decline or market likes the stock, it doesn’t matter, the stock is rallying and there is a buy here."

"All three are momentum buying opportunities. Carry the positions if they close strongly. I would remain upbeat on the aftermath of the Budget that the market should see higher levels."

"Wockhardt is a good idea. It is not a trading buy because Wockhardt has had a handsome rally already but for an investor it is a very attractive price. Have a two to three years time horizon and buy it."

"Between Hindalco Industries and Vedanta, I would chose Vedanta. That is an easier choice. IOC independently is a much better opportunity than the other oil marketing companies. So for a short term trader, IOC is a buy," he said.
First Published on Jan 31, 2018 01:06 pm
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