Invest in Colgate, Max India: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can invest in Colgate, Max India

Sukhani told CNBC-TV18, “Colgate Palmolive (India) is stock that simply keep on going up and do not stop. Now it is at new lifetime highs and lifetime highs should be bought into. Yesterday it paused after that lifetime high made two days ago, and that pause is enough to suggest."
He further added, “Max India is an excellent chart and not just a day trade but probably an investing idea as well. Max India went to Rs 205 and then went through a mild correction. It came to Rs 187-188 from where it is now suggesting it has consolidated and it’s suggesting a bounce. This is a perfect classical buy on dips strategy. This is a stock that is doing all the right things, has given us a small correction and is in an uptrend. So Max is probably a better idea for today.”