Buy UltraTech Cement, Tata Global Beverage: Sukhani

Sudarshan Sukhani of s2analytics.com said they would buy UltraTech Cement and Tata Global Beverage.

Sukhani told CNBC-TV18, “We keep on buying because this market still has strong momentum at least for today. So we buy UltraTech Cement. This stock has made a base, it has made a bullish head and shoulder, it is coming out of that today. Clearly there should be more upside momentum today and hopefully it will continue till tomorrow.” He further said, “We also buy Tata Global Beverage. This has been a favourite stock for sometime. Luckily it has done the right things, moved up. It was in a narrow range, narrow ranges are often just precursors to big moves on the upside. It is now breaking out of that range so this is a good time to enter it.”