HomeNewsBusinessStocksBuy Jet Airways, Balmer Lawrie, Jain Irrigation: Sukhani

Buy Jet Airways, Balmer Lawrie, Jain Irrigation: Sukhani

Sudarshan Sukhani of s2analytics.com is of the veiw that one can buy Jet Airways, Balmer Lawrie and Jain Irrigation Systems.

August 16, 2016 / 10:39 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, ""I think the charts are upbeat in Jet Airways. We had a deep and sharp correction; that is already perhaps and today could be the last day of that correction or certainly we are very close to a low. Strong support emerges here. The overall trend is bullish, so I would be a buyer in Jet Airways." "I had an investing idea and that was to buy Balmer Lawrie for an investment. It has broken out of a two year trading range on the upside. It is an investment idea not for today, but it is worth thinking about," he said. "For a swing trader, it doesn’t matter; you could still be buying Jain Irrigation Systems. The stock is on the verge of breaking out from a large trading range, about a month of a range. So, even at 4.5 percent gains, if you buy and hold for a few days to a week, there is money in it. It should be racing towards Rs 80."

first published: Aug 16, 2016 10:39 am

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