Pick Arvind, Exide, PI Industries: Atul Suri

Atul Suri of Trader Rare Enterprises told CNBC-TV18, "First disclaimer that, I or Rare Enterprises would definitely have an interest in the stocks we are speaking about. So, please do your own research. I would have exited the stock based on stop losses and people think it is a lifetime thing. So, the year ahead is going to be very stock specific and I would really bet on some stocks that have been on a very good consolidative phase for the last year or so and which are breaking out. So, kind of a great rally that has paused, sideways for a year, year and a half and then breaking out into new highs."He further added, "One stock that stands out to me and which I have seen the charts lately is Arvind. I think it has disappointed a lot of people, there was a lot of talk about it but for one year or so, it has been very volatile. It has broken out of the range with volumes. I feel that Arvind could be a interesting pick.""Another stock which I think again had a very big range, again relative underperformance to its peers has been Exide Industries. I think Exide also is on the point of breakout and once it breaks out after such a pick sideways, it is like you wind a toy for very long and when that toy releases, the energy or the force that comes through is very sharp. So, I like Exide for that, it has been a under performer and a consolidator for very long.""The third stock I like again is something which has been trending but is in speciality chemical space is PI Industries, that is another stock that has been trending very well and I feel that it is going to buck the whole sector. As a sector it is in a great sector but even in this sector I think it is going to be an outperformer. So, I kind of would pick these stocks.""As I said it is not about picking something very cute or penny stock or something that is unknown but I really would prefer to go with something which I feel is breaking out and would sort of trend up higher, consistency again is the key," he said.