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Buy Biocon, Havells, Maruti Suzuki: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises buying Biocon, Havells and Maruti Suzuki.

December 27, 2017 / 13:27 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Biocon has been an outperformer in the pharmaceutical sector; that continues. So consider buying Biocon for today."

He further added, "Havells, after a period of consolidation has broken on the upside. I think there is much more headroom here to go up. So it is a day trade but you could actually carry a position here also."

"You need a little courage to buy Maruti Suzuki at these elevated prices, but remember they were elevated when Maruti was Rs 3,000, they were elevated when Maruti was Rs 5,000. So just buy Maruti; it is not just for the day, it is also a positional trade. Essentially be on the long side."

"Voltas has been an outperformer. It is an excellent stock to be in, but make it an investment idea. You cannot imagine where it will go."

"One can hold on to Reliance Communications. It goes up every day, so hold on till it goes up. Keep your stoploss at Rs 23, so even if it comes down to Rs 23, you will get out with a hefty gain. Let it go up for a few more days and then if you feel comfortable, exit at a higher profit or at Rs 23. However, as of now, hold on."

"One can hold Vedanta with a stop at Rs 313, let the stock ride so far as it goes up," he added.

CNBC-TV18
first published: Dec 27, 2017 01:24 pm

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