The latest analysis and commentary by stock market guru Sudarshan Sukhani of s2analytics.com on what is moving the markets today.

He shared his views and readings on Larsen & Toubro (L&T), Hexaware Technologies, Reliance Capital, Hindustan Zinc and NTPC.

Speaking about stocks ideas Sudarshan Sukhani said, “Hindustan Zinc is a short sell, most metal stocks are. NTPC is a short sell, again it is not just about power. NTPC qualifies as a short sell on its charts and because it belongs to that PSU group which is very weak. Reliance Capital for those reasons, NBFCs are all shorts so it is a short. Larsen & Toubro (L&T) is an buying opportunity, if you are looking to have a positional trade in the long side not for couple of days and L&T is an excellent idea. Hexaware Technologies is a buy. These are positional trades not for today the short selling is for today.”

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

Disclaimer:

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First Published:May 13, 2019 8:59 AM IST