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Last Updated : Aug 06, 2015 12:25 PM IST | Source: CNBC-TV18

Key Nifty levels 8500, 8600; buy Infosys, Siemens: Sukhani

Speaking to CNBC-TV18, Sukhani's top pick in midcaps is the rallying SKS Micro and recommends buying it on dips with a stop loss of Rs 573 and target price of Rs 595.


Sudarshan Sukhani of s2analytics.com believes real trading will start when Nifty goes above 8,600 or below 8,500.

Speaking to CNBC-TV18, Sukhani's top pick in midcaps is the rallying SKS Micro and recommends buying it on dips with a stop loss of Rs 573 and target price of Rs 595.

Another buy, is Divis Lab from pharma with a stop loss of Rs 1,980 and target price of Rs 2,030. He recommends investors to hold the stock as he believes pharma has a long way to go.

Sukhani expects IT to be a big support for Nifty. With a stop loss of Rs 1,070 and target price of Rs 1,120, he recommends a buy on Infosys.

Siemens, in the buy list, is his last pick as the stock has come out of a 6 month- trading range and he expects more upside in the future with a stop loss of Rs 1,495 and target price of Rs 1,540.

Recommeding a sell on NMDC, he advises a stop loss of Rs 104 and a target price of Rs 95.

Another sell is Mcleod Russel, with a stop loss of Rs 226 and target price of Rs 214.

Watch Video for more.

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First Published on Aug 6, 2015 09:56 am
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