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Invest in Magma Fincorp, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Magma Fincorp is giving signs of a major uptrend and is an investing idea.

April 18, 2017 / 11:59 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Except for ONGC, most stocks are bullish - Reliance Industries, GAIL India and Indian Oil Corporation. Indraprastha Gas has a very attractive chart. This whole sector, I explained earlier would be part of a rally in the Nifty if it comes about."

"Magma Fincorp is giving signs of a major uptrend. It is an investing idea. You have to buy it and hold it and I think a lot of stocks in this sector would be attractive investment opportunities," he added.

first published: Apr 18, 2017 11:50 am

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