HomeNewsBusinessStocksBuy Jain Irrigation, Motherson Sumi, Amara Raja: Sukhani

Buy Jain Irrigation, Motherson Sumi, Amara Raja: Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Jain Irrigation, Motherson Sumi and Amara Raja Batteries.

February 03, 2017 / 10:41 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Largecaps and midcaps both are offering opportunities but midcaps are far more interesting. Jain Irrigation is already in an ongoing rally after a small consolidation. It is breaking out. That is a buying opportunity." "We have Motherson Sumi, another stock which is already in an uptrend. The small consolidation has broken out and Motherson Sumi has a very attractive chart. It is suggesting eventual targets of Rs 400. That is not the target that we have today but if you want to maintain a position there, you are most welcome. It should reach," he said."Finally, Amara Raja Batteries, a stock that is consolidating at lower levels after a correction. That is offering a target which is much more ambitious than the day trading target we have. So, there are three buying opportunities and please don’t short sell."

first published: Feb 2, 2017 01:38 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!