Sudarshan Sukhani, s2analytics.com advice traders to buy Sesa Goa, TCS and avoid Sterlite Industries.
Sukhani told CNBC-TV18, “Sterlite Industries charts are not at all conducive to any kind of buying. For some reason there is a difference between what Sesa Goa is suggesting and Sterlite.”
He further added, “Sesa Goa is suggesting some kind of a buying opportunity is emerging. I don’t know why this difference is there but let us assume that there is some story behind the two charts which are separate. There is a buying opportunity coming in Sesa Goa and avoid in Sterlite.”
“Trading idea is to buy TCS. There is no way TCS will languish the way it has been doing that – if this market goes up then TCS will participate.”
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