HomeNewsBusinessStocksBuy Voltas, SKS Microfinance, HCL Tech: Sudarshan Sukhani

Buy Voltas, SKS Microfinance, HCL Tech: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Voltas, SKS Microfinance and HCL Tech.

January 15, 2015 / 15:40 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Voltas has already come out of a correction. It is on way to making new highs, breaking out of trading ranges, giving us that classical upswing, then a small correction, a reading range and then a breakout on the upside again. Voltas is a buying opportunity."

"SKS Microfinance is one of the few NBFCs which have gone into the dumps, come out of it and now embarking on a new bull market. It is remarkable by itself. Most midcap companies when they go deep in trouble never comes out of it. However its price chart is different. So, SKS Micro is the second buy. It is on the verge of making a breakout and making these new recent highs. Lifetime highs for it are very far away but the recent highs are likely to be made again," he added.

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"Tech stocks are just coming into play in the afternoon and HCL Tech is probably the better one to go long in."

Disclosure: Analyst does not have positions in the stocks.

first published: Jan 15, 2015 02:47 pm

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