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Buy Granules India, Hindustan Unilever, Ramco Cements, HCL Tech; hold Future Consumer: Sudarshan Sukhani

Sudarshan Sukhani of is of the view that one can buy Granules India, Hindustan Unilever, Ramco Cements and HCL Tech and can hold Future Consumer.

January 10, 2018 / 12:25 PM IST

Sudarshan Sukhani of told CNBC-TV18, "This is still a buyers’ market. We are at 10,600, we are not at 8,600. So we must understand and look at the American markets, on every day they go up. So bull markets can last much longer than we imagine, be on the long side of the market. Granules India is a buying opportunity, a small consolidation is breaking on the upside."

"Hindustan Unilever (HUL) is a buy and Ramco Cement which is now in the F&O segment, is also a buying opportunity. Try to keep these day trades; if they are closing strong, carry them forward."

"I think one should just hold Future Consumer. This group and these companies, and the sector are all in a strong bull market. They are just entering a bull market. Hold on and wait patiently, in six months one should get better prices."

"HCL Technologies is a good buy at current level. The stock is on the verge of a breakout from a multiyear consolidation. So I think it is a good buy at current level, but you have to be a long term investor. It is not a trading opportunity, it is a buying opportunity for investors. An immediate target could be Rs 1,050-1,100. So it is an attractive investment, consider buying it," he added.
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