HomeNewsBusinessStocksBuy Hexaware, upbeat on IT; sell Hindalco, Indo Count: Sukhani

Buy Hexaware, upbeat on IT; sell Hindalco, Indo Count: Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies and is upbeat on IT and advises selling Hindalco Industries and Indo Count Industries while he feels that RIL may test Rs 1300.

February 23, 2017 / 09:13 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "People should have bought Reliance Industries yesterday and for so many months, it is working like Hindustan Unilever. Whenever it breaks out, it will double itself. Currently the immediate target is Rs 1,300.""My favourite stock Bata is in my list. I am upbeat on IT. Hexaware Technologies is a buying opportunity, all good IT stocks are opportunities to buy but Hexaware is the choice for the day while it is BPCL from the oil & gas group. These are two groups which are doing well and should continue," he said."I have two short sells also. They are only for the day. Short sells are only intraday, please do not carry the short selling ideas overnight. Tomorrow a gap could kill you. Two short sells for intraday are Hindalco Industries and Indo Count Industries. Both suggest some weaknesses is there," he added. Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.

first published: Feb 23, 2017 09:08 am

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