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Buy Voltas, Mindtree; sell Tata Motors: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Volta and Mindtree and advises selling Tata Motors.

March 20, 2017 / 12:48 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Largecaps are reflecting what the Nifty is doing -- just choppy and sideways but midcaps keep on offering opportunities. So for today, I am suggesting buying Voltas and Mindtree. Voltas is already in a strong upmove as minor consolidation is breaking out today and hopefully it should give us some rallies again."

 "Mindtree like other IT companies is recovering from a sharp correction. The trend has already changed to up. There is more upside in Mindtree now. The bear market is behind us."

"Tata Motors is a short sell. It has been a very disappointing chart and the sense is that a deeper correction is already on with and lower levels should come," he added.

first published: Mar 20, 2017 12:42 pm

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