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Last Updated : Mar 12, 2018 11:28 AM IST | Source: CNBC-TV18

Buy TCS, Hexaware, Interglobe Aviation, Jubilant Food, HUL, Tech Mahindra; sell Tata Motors: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy TCS, Hexaware, Interglobe Aviation, Jubilant Food, HUL and Tech Mahindra and can sell Tata Motors.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have two IT stocks, CNX IT is a buy. Tata Consultancy Services (TCS) is a buying opportunity, it has an excellent chart. It is a positional trade, you could actually hold it for weeks."

"We are into the earnings season. We have Hexaware Technologies which is another outperformer. Most largecap and midcap ITs are correcting, then rallying again. So, you could look at almost any of them."

"I also have Interglobe Aviation (IndiGo) as a buy. IndiGo has been a favourite chart for me. The stock is now on the verge of a breakout and it could outperform."

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"Jubilant Foodworks comes in my buy list after a long while because after that big rally it had a mild correction and that correction led to a trading range and it is an imminent breakout on the upside."

"An easy short sell is Tata Motors. I have been bearish on this stock since long time and am still bearish."

"I am looking also at Hindustan Unilever (HUL) and Tech Mahindra, both for buying," he added.

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First Published on Mar 12, 2018 11:25 am
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