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HomeNewsBusinessSell Bajaj Auto, Tata Power; buy Pidilite Industries: Sudarshan Sukhani

Sell Bajaj Auto, Tata Power; buy Pidilite Industries: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Auto and Tata Power and can buy Pidilite Industries.

March 14, 2018 / 12:33 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bajaj Auto is a short sell, the stock should have rallied and should have sorted converted itself into a bull market instrument but that hasn’t happened. There was no base building, there was no momentum. It is still a short."

"The second short is Tata Power. Most power companies have been on the short side. We had CESC yesterday, there is a momentum on the downside that is going on in all of these power companies and that is a short sell. Two short sells - Bajaj Auto and Tata Power."

"Pidilite Industries from the larger FMCG consumer durables group is a buying opportunity. Apart from IT, generally pharma and FMCG should outperform. For today it is a buy. Don’t carry positions for any," he said.

CNBC-TV18
first published: Mar 14, 2018 12:33 pm

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