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Last Updated : Jun 18, 2015 12:33 PM IST | Source: CNBC-TV18

Exit Natco Pharma, buy Sun Pharma, Glenmark: Sukhani

Sudarshan Sukhani of recommends exiting Natco Pharma and advises buying Glenmark Pharma, Dr Reddy's Laboratories and Sun Pharma at lower levels.

Sudarshan Sukhani of told CNBC-TV18, "Ideally you want to get out of Natco Pharma. The stock has been moving sideways for may be about four months and it can move sideways again, it is more of a fundamental call. My chart suggests that Natco Pharma can go into a consolidation and correction. This is also more of a fundamental call."

"If you were to get out of Natco then Glenmark Pharma, Dr Reddy's Laboratories, even Sun Pharma at lower levels are worth buying into. You can shift to the three companies," he added.

Disclosure: Analyst does not have any positions in the stock.


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First Published on Jun 18, 2015 12:33 pm
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