HomeNewsBusinessStocksAvoid Tata Motors, Tata Motors DVR; buy Jain Irrigation: Sukhani

Avoid Tata Motors, Tata Motors DVR; buy Jain Irrigation: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can avoid Tata Motors and Tata Motors DVR on the back of Brexit referendum while one can buy Jain Irrigation Systems.

June 23, 2016 / 11:02 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Motors and Tata Motors DVR are best avoided and it is just responding to the Brexit referendum up and down. However, there is a trade that is coming up and that is what I had given it yesterday. For Jain Irrigation Systems, I heard that there was some news on it, it has gapped up today and that gap up is breakout from a significant trading range. There is a big move coming in Jain Irrigation, it may or may not move higher today but it is certainly likely to move higher in the next few days. Jain irrigation is a buying opportunity." "Natco Pharma is one of the few pharmaceutical stocks which is upbeat. It is already on a roll, Natco and Biocon, while Dr Reddy's Laboratories is coming out of a strong base. Eventually it will so, there are three pharmaceutical stocks, most pharma stocks are in some kind of correction," he said.

first published: Jun 23, 2016 11:02 am

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