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Buy Infosys, Havells India, Mahanagar Gas, Bosch; sell Capital First: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Havells India, Mahanagar Gas and Bosch and can sell Capital First.

December 05, 2017 / 10:59 AM IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Infosys is doing well, a sharp correction and that correction was bought into, it is a buying opportunity."

"Havells India has been an outperformer. I think there is an upside here, if the markets stabilise, I guess sooner or later Havells is a buying opportunity."

"Mahanagar Gas is a buy, a sharp correction and that correction should find support and then we are anticipating that this support will hold. There are two short sells, one of them is Bharti Infratel It has a horrible chart and the other is Financials."

"Financials are giving signs of bottoming out and that clearly did not happen, they have all broken down again. So apparently either the signals were false or they morphed into bearish pattern. So, Capital First is a short sell. But most financials should either be avoided or considered for day trading shorts."

"If Nifty stabilises, then Bajaj Finance would be the first stock perhaps in financials where you would cover shorts. Maybe that stability will come today, perhaps."

Close
"Bosch is a buying opportunity. It had wide range three days ago and tells us there is a big move is imminent and that is a buy," he said.
CNBC-TV18
first published: Dec 5, 2017 10:18 am
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