Buy Balrampur Chini, avoid Castrol India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "TTK Prestige's chart has been very messy. It goes to high levels and those highs during the week are not sustained and it comes back. I would be completely away from this stock. It is not a short sell, it is not even in F&O but otherwise it was only a short selling candidate. It is not a buy.""The charts on logistics are horrible and that tells us that all the news has been discounted for year’s altogether. However, FMCG is a sector that is willing to go higher. So, it is FMCG where you should concentrate and luckily quality stocks are available in that sector. So, Britannia Industries, Colgate Palmolive, Hindustan Unilever (HUL), Dabur India and Marico are the place to be in," he said."Castrol India is on a slide and that rally was sharp and incisive and not sustained. So, the stock is an avoid. There are two stocks that are probably coming up on the radar today. One is Jet Airways which is willing to break out of a narrow range and Balrampur Chini, inspite of the gains we have seen is a positional idea. You could buy it. It is bouncing up from very strong support. There is probably more upside here."