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Buy Engineers India, Adani Ports; sell IRB Infra, SRF: Sukhani

According to Sudarshan Sukhani of s2analytics.com, one can buy Engineers India, Adani Ports and Apollo Tyres and sell IRB Infra and SRF.

December 08, 2016 / 09:48 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "While today should be a good day, I don’t see a lot of follow through coming in it. In any case, we are looking to buy the best of the stocks. Outperformers should continue to outperform, so the list includes Engineers India (EIL). It is really an outperformer but the important point is, go and buy it. People are just listening; I doubt if they have the courage and you should. These stocks keep on going up." "Adani Ports is also something that has been doing well and should continue; that is my second buy. Third is a buy on dips stock and that is Apollo Tyres. After that big bear market decline, Apollo Tyres is now coming out with a proper base and willing to go higher. It is worth buying into," he said. "There are two short sells, IRB Infrastructure; it is a bear market stock and SRF where a deep correction seems to be in the offing. I am not as bullish, at least not today."

first published: Dec 8, 2016 09:48 am

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