Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Next week it is likely to be choppy. There is no need to be adventurous. Glenmark Pharma has seen a very smart up move. After the up move it went into a small decline and that small decline was a technical flag. The flag is broken out of the upside and the up move should resume. So, technically it is a very nice chart to be buying into.”
He further added, “The second is Apollo Hospitals Enterprises. We saw a very sharp decline in it after a big up move. We are buying on a dip. It is also being influenced by some news but the news is irrelevant to me. The charts tell us that a dip has occurred. This is a perfect opportunity to buy that at a lower price, a strongly up trending stock."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
