HomeNewsBusinessStocksBuy Exide Industries, DHFL; sell Wipro: Sudarshan Sukhani

Buy Exide Industries, DHFL; sell Wipro: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Exide Industries and DHFL and sell Wipro.

September 21, 2016 / 12:09 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "For today, I haveDewan Housing Finance (DHFL) as a long idea. DHFL had a very nice rally, a very small shallow correction which is a sign of strength. The second is Exide Industries, again a buy with same pattern and strong rally, shallow correction a sign of strength, narrow range is going ahead now and it could be a break out for both of them on the upside." "The short sell is Wipro, it has been a big disappointment, from Rs 575 it has come to Rs 475 that is not the way a bluechip behaves. It is on the verge of breaking down again after a very tepid rally. So, Wipro is a short sell. Exide and DHFL are buys," he added.

first published: Sep 21, 2016 12:09 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!