HomeNewsBusinessStocksBuy Shriram Trans, M&M Fin, Kotak Mahindra Bank: Sukhani

Buy Shriram Trans, M&M Fin, Kotak Mahindra Bank: Sukhani

Buy Shriram Transport Finance Corporation, Mahindra & Mahindra Financial Services, Kotak Mahindra Bank: Sudarshan Sukhani

August 20, 2014 / 17:35 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tomorrow the trade is only to buy, you don’t short sell this market. So, Shriram Transport Finance Corporation which is now coming out of a correction, a trading range, is doing good things today and perhaps it can do something better. Choppy markets sometimes reward you, sometimes don’t."

"Mahindra & Mahindra Financial Services is a favourite. There is a theme, NBFCs are coming out of the dumps and M&M Finance has come out of a bear market. Again there are possibilities of a momentum rally which should give us some better prices," he said.

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"In the financials I have Kotak Mahindra Bank which is another buying opportunity. Kotak Bank is now on the verge of breaching a large trading range on the upside. There is some momentum on the upside and traders can take advantage of it by buying it now."

first published: Aug 20, 2014 03:25 pm

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