HomeNewsBusinessStocksBuy Voltas, Reliance Infra; sell Sun TV: Sudarshan Sukhani

Buy Voltas, Reliance Infra; sell Sun TV: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Reliance Infrastructure and advises selling Sun TV.

November 10, 2014 / 15:31 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One can buy Voltas, we are upbeat in the stock. There was a sharp correction and re-shaped rally, then a small consolidation and a resumption of that uptrend. This tell us that not only there is short term momentum, we could actually see lifetime new highs again if the markets are stable. But whatever it is for a short term trader Voltas is a buying opportunity."

"We had a big bear market in Reliance Infra and then a rally which led to a consolidation and now today it is breaking out on the upside. So, this is a short term trade, don’t overstay or welcome here which means don’t make it into a long term position but Reliance Infra is offering some strong upside for the swing trader," he said.

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"I have Sun TV as a short sell. It is not a buy, it is a short sell. Sun TV has been an underperformer, it was at the lower end of its trading range. It was moving narrowly and has broken down today. Sun TV is a short sell and midcaps otherwise are buys."

first published: Nov 10, 2014 02:46 pm

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