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HomeNewsBusinessBuy PC Jeweller, HCL Tech, Ashok Leyland, HUL, Escorts; sell Reliance Cap: Sukhani
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Buy PC Jeweller, HCL Tech, Ashok Leyland, HUL, Escorts; sell Reliance Cap: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy PC Jeweller, HCL Tech, Ashok Leyland, Hindustan Unilever, Escorts and LIC Housing Finance and ,can sell Reliance Capital.

October 09, 2017 / 11:05 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Lifetime new closing highs were made in Ashok Leyland and that momentum should continue, so it is a buy."

"Hindustan Unilever (HUL) had a nice and decent correction - that correction entered into consolidation and a breakout could be imminent, so HUL is a buying opportunity."

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"Escorts is a positional buy, very large, four month trading range was broken on Friday on the upside and that tells us that the earlier uptrend could easily resume. Of course it is a short-term buy but you might like to carry this position for Escorts for a longer period of time," he said.

"In Lupin first sign of green shoots are visible. It may not be valid but there is some evidence that a small base is under construction, so we would be willing to be bias here."