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Sell Balkrishna Industries; buy Hindustan Unilever, Marico: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can sell Balkrishna Industries and can buy Hindustan Unilever and Marico.

February 27, 2018 / 03:06 PM IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual stocks will keep on offering opportunities. I have Balkrishna Industries as a short sell. That stock had a handsome rally but that rally is now going into a correction. It has been a relatively weak performer even in this three day up move. However, remember, all trades are for only intraday. Balkrishna is a short sell."

"There are two buying opportunities, both as it happens is the FMCG sector which is doing well today. The first is Hindustan Unilever (HUL) where a buy is suggested and the second is Marico. Overnight market can do anything, I would suggest taking only intraday trades," he said.
CNBC-TV18
first published: Feb 27, 2018 02:48 pm
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