HomeNewsBusinessStocksBuy Britannia Industries, Voltas: Sudarshan Sukhani

Buy Britannia Industries, Voltas: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries and Voltas.

August 11, 2016 / 12:48 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Britannia Industries is a buying opportunity. In spite of the big rallies we have seen, it is just breaking out of a very long term trading rangeThat is a large base to build on. So, it is a buy for position traders, for investors and for swing traders because it is reaching new highs today. So, for anyone who wants to invest in the stock market, Britannia is a good opportunity.""Voltas is a short-term buying idea. It has been an outperformer. Its relative strength versus the Nifty has been strong and a small correction seems to be holding on because it is giving a breakout on the upside," he said."All PSU banks except for State Bank of India are short-selling ideas. You could just close your eyes and pick up a name. Union Bank of India was taken because it is breaking down from a fairly large distribution. So, it is suggesting that significant lower levels are coming."

first published: Aug 11, 2016 12:48 pm

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