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Last Updated : Jan 18, 2018 12:07 PM IST | Source: CNBC-TV18

Buy Godrej Consumer, Kotak Bank, Wockhardt, Jubilant Life; hold TCS, Adani Power: Sudarshan Sukhani

Sudarshan Sukhani of is of the view that one can buy Godrej Consumer Products, Kotak Mahindra Bank, Wockhardt and Jubilant Lifesciences and can hold TCS and Adani Power.

CNBC TV18 @moneycontrolcom

Sudarshan Sukhani of told CNBC-TV18, "Stocks are giving opportunities every day and that continues. We have Godrej Consumer Products. That is a buying opportunity. All the FMCG stocks should do well although HUL has now got subdued, but there is a momentum in this sector."

"We have Kotak Mahindra Bank. Most banks have flared up and have run away, Kotak is in an uptrend which is a little soft and sober. There is still a potential for intraday moves in Kotak."

"Wockhardt which is a far better chart is giving us a sense that it is an investing idea. Of course it is a day trade, short term swing trade, it is also an investing idea."

"Adani Power is a hold. This is a stock that is going up slowly and steadily. It is a volatile stock, sometimes it corrects, but that is part of the process. I think Adani Power will see much higher levels in the next three to five years. Be a long term investor, hold on to it, there is potential here," he said.

"Tata Consultancy Services (TCS) is a hold. IT is flaring and running away, we all see that how midcap and largecap IT are outperforming everything else. That outperformance may continue. In any case, TCS is a bluechip, hold on to it for a much longer period than you want to; just stay with it."

"You can buy Jubilant Lifesciences, but you have to be an investor when I say that you buy it. It does not matter, when stocks respond positively to gains and they have already been in an uptrend, that tells us the next few months will see more gains. So be an investor and consider buying it, it is a very appropriate stock to be in," he added.
First Published on Jan 18, 2018 12:07 pm
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