HomeNewsBusinessStocksBuy Amara Raja Batteries; sell NTPC: Sudarshan Sukhani

Buy Amara Raja Batteries; sell NTPC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Amara Raja Batteries and sell NTPC.

May 19, 2016 / 11:06 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a breakout that is imminent in Amara Raja Batteries and we are buying in anticipation of the trend continuing on the upside.""NTPC has confirmed a double top. It is now breaking down from the valley which is the point at which the support gives way. So, like many other blue-chip stocks, there is a bearish confirmation, a distribution; it is a short sell," he added.

first published: May 19, 2016 11:06 am

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