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Buy HPCL, Godrej Industries; short Dish TV: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy HPCL and Godrej Industries and can short Dish TV.

July 12, 2017 / 15:13 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Among ONGC, HPCL, and MRPL, HPCL has an excellent chart and is a buying opportunity. Between MRPL and HPCL, HPCL is a much better buy; independently also and because of the news also."

"I have Godrej Industries as a buy. That has come in buy list often. It is going up, it is consolidating and then moving up again. The IT stocks are doing well. It does seem that they have more traction and momentum behind them. Tata Elxsi is an outperformer in that group and should continue to do better."

"Dish TV is a short sell. This stock has done nothing. It is in a trading range, it goes to the top of the range, comes down and has not shown any outperformance. That is an easy short."

first published: Jul 12, 2017 02:28 pm

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