HomeNewsBusinessStocksBuy Ceat, Dr Reddy's, CONCOR, Vedanta: Sudarshan Sukhani

Buy Ceat, Dr Reddy's, CONCOR, Vedanta: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ceat, Dr Reddy's Labs, Container Corporation of India and Vedanta.

July 25, 2016 / 15:05 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Ceat is a buy, both the tyre companies Ceat and Apollo Tyres are providing us with excellent buying opportunities. They have built a base and have broken out, so it is just a matter of chance that Ceat is a buy today. You could buy any one of them.""Dr Reddy's Laboratories (DRL) is a buy on every dip and today's dip is a buying opportunity and I wouldn’t worry about the numbers at all," he said."Container Corporation of India (Concor) is coming out of a correction, it is doing very well. It is a small stock in the sense that it is not very liquid but it is popular enough to be traded, that is a buy. Maruti Suzuki is going towards lifetime new highs. You just go and buy it and stay with it.""Kotak Mahindra Bank itself is fairly strong. So I would be very afraid of selling the stock. There is a short sell still inspite of the big rallies in PSU banks, once the rally stalls, there is a short sell probably all over there.""HDFC Bank is in a narrow range and it is quite possible that the narrow range may break on the upside given the momentum. So rather than ICICI Bank or even trying to buy dips in Axis Bank, I would be much happier with HDFC Bank.""Motherson Sumi is having a dull day today. It is on the verge of a breakout on the upside. So, this is a classic buy on dips stock. The markets are giving signs of willingness to go higher. Here is a stock that has not done much but it will.""Vedanta is a buying opportunity because the charts suggests higher levels are coming in the next few months. I don’t have a view on Cairn India but for me Vedanta would be a buy.""State Bank of India (SBI) is an investment idea, it is something you want in your portfolio. Even today, for a short-term trader rally from the lows, tells us that this rally could continue and go higher. So it is an opportunity.""I am avoiding PSU banks completely, so Punjab National Bank (PNB) is a no go for me."

first published: Jul 25, 2016 03:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!