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Last Updated : Feb 06, 2017 02:19 PM IST | Source: CNBC-TV18

Avoid Divis Labs; buy Bharat Forge, Bharat Financial: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can avoid Divis Laboratories, Idea Cellular and Sun TV Network and buy Bharat Forge and Bharat Financial Inclusion.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I am not upbeat on any pharmaceutical stocks and in a strong bull market like this, some stocks even underperforming will go up on a day. So, Divis Laboratories is a complete avoid, in fact all pharma stocks for me."

"Bharat Forge is a buying opportunity on any dip, intraday also there is a trade. So far as the uptrend in intact, good quality stocks like Bharat Forge can easily be taken in," he said.

"Idea Cellular and Sun TV Network are governed by news and I do not think there is any trading opportunity, apart from the big spikes they can go into long consolidation anytime, so they are best avoided."

"Bharat Financial Inclusion is a far better stock. It is rallying on the back of very attractive chart patterns and that stock has much higher levels to go. It is a buy."
First Published on Feb 6, 2017 11:39 am