Buy Mcleod Russel, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "McLeod Russel is something traders must look at today. It is on the verge of making lifetime new highs. It is wonderful.”
He further added, “It had a trading range and that trading range became choppy. It fell, broke below the trading range and has now again come back and crossed it on the upside. Sometimes you have to accept this kind of choppiness and random movements in the market. But all said and done the charts tell us from Rs 250 onwards we have been catching this upmove and that upmove is intact. Yesterday it was on the verge of making these lifetime highs. I think traders for the shorter term as well as for the position trades should both be watching this stock and actually buying it.”
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