Buy Shanthi Gears, Autoline: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view the Shanthi Gears is an investing stock not a trading stock. Autoline not an investing opportunity but if the even today its rallying so once it cools down if possible go and take a trading buy.

Sukhani told CNBC-TV18, “Shanthi Gears is now consolidating for the last two months. I would assume that this would breakout on the upside. It’s important for – this is an investing stock not a trading stock but somebody who wants to go in for a few months could buy now. Wait patiently for a breakout and hopefully get some money out of it.”

He further added, “The same applies to Autoline. Autoline Industries has been in a correction as most auto ancillaries were and it’s seen a very sharp rally over the last seven days. In fact Autolite I referred to earlier has seen a similar rally and that means that there is a trading opportunity here in this case, it’s not an investing opportunity but if the – even today its rallying so once it cools down if possible go and take a trading buy.”