HomeNewsBusinessStocksBuy Voltas, Tata Communications; sell HUL: Sukhani

Buy Voltas, Tata Communications; sell HUL: Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Tata Communications and advises selling Hindustan Unilever (HUL).

November 11, 2013 / 15:28 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Primarily we are looking at buying dips and buying strength, that is the theme traders should be focused on because when this market moves up whether it moves tomorrow or next week, it should be a sharp upswing and short sellers can easily be caught in it. So I would be much more comfortable buying."


"One may buy Voltas. It has done its bit, the correction is over, the bear market is over. Now small corrections are coming in an ongoing uptrend. A minor dip has completed itself and the uptrend should reassert. So Voltas is a buying opportunity," he said.
"Tata Communications had a dream rally and then we had four days of declines and that decline has stopped. Today the stock is doing well which tells us that the small down move was simply a correction in an ongoing uptrend. Buy Tata Communications for today as well as carry it forward for tomorrow."
"Hindustan Unilever (HUL) is a short sell. In a market that is essentially choppy with some minor losses, the weak stocks will become weaker and as of now HUL is doing that. So that is a short sell. It is a short sell even if the market were to become cheerful."
first published: Nov 11, 2013 03:25 pm

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