Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh and Reema Tendulkar of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh & Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
=In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics shares his views on the market and his preferred bets for the day. According to him, market is likely to be choppy today after the rally last week and so, traders must take profits in half of their portfolio and try to catch some up moves intraday.
Sudarshan Sukhani of s2analytics.com recommends traders to avoid trading the index today and instead play individual stocks.
Market experts suggest investors to go short till 5,750 and recommend bets on the pharma sector while clearly avoiding PSUs.
Like most market experts, technical analyst Dhiren Sarin, Barclays also feels the market is likely to remain choppy for a sometime now.
Technical analyst Sudarshan Sukhani of s2analytics.com expects market to remain choppy this week, warning traders to be cautious while taking any short positions.