The latest analysis and commentary by stock market guru Sudarshan Sukhani of s2analytics.com on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Tata Consultancy Services (TCS), Infosys, V-Guard Industries, Exide Industries and Reliance Capital.
“My list starts with two short calls, one of them is Exide Industries, the charts tell me it is the weak stock but I just heard in your top ten list that Exide is green name in your list so my suggestion to viewers is that you respect the TV18 list look at a short position only if you see a sense of weakness not before. Reliance Capital is a short sell, you see the charts it has done nothing. Not participated in the NBFC rally, whatever we had not done anything at all that is a weak stock. Three buying ideas mainly because I wanted to stay away from financials, I am always worried about news. Tata Consultancy Services is a buy (TCS) whatever it is worth it is going to open lower hopefully and then give a small intraday gains. Infosys is a buying opportunity, same theme, this is a defensive area and V Guard Industries is a buy, it has an impressive rally.”
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First Published:Apr 4, 2019 8:56 AM IST