Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessBuy Yes Bank, Hindustan Zinc, IGL; sell Apollo Hospitals, avoid HDIL: Sukhani

    Buy Yes Bank, Hindustan Zinc, IGL; sell Apollo Hospitals, avoid HDIL: Sukhani

    According to Sudarshan Sukhani of s2analytics.com, one can buy Yes Bank, Hindustan Zinc and Indraprastha Gas and sell Apollo Hospitals Enterprises while one can avoid HDIL.

    August 17, 2017 / 11:53 IST

    Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The charts are suggesting that most banks are going into a process of consolidation. So while Yes Bank is always a buy because bluechips can be bought anytime, lower levels would be available in the next two months."

    "Biocon has probably completed its bull market. That is a pity because it has been a big rewarder. However, I think consolidation and lower levels are coming there. Sometimes that happens to bluechips."

    "HDIL is a complete avoid. Nothing to see there. We talked about Hindustan Zinc, everybody did, and that is a buying opportunity," he said.

    "Apollo Hospitals Enterprises continues to weaken and it is a short sell. It is probably becoming an easy short sell. Indraprastha Gas (IGL) is a buy."

    first published: Aug 17, 2017 11:37 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347