Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, Bharat Financial and Colgate Palmolive.
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have midcap stocks because the sense is that the Nifty could consolidate or it could inch upward, so largecaps may be part of that consolidation. The deep correction in Ashok Leyland is over. A trading range is now in development and that should break on the upside. That is the assumption. That is a buying opportunity."
He further added, "Bharat Financial Inclusion had a dream chart, a long consolidation that has taken a shape of a bullish breakout. It is on the verge of breaking out. It is not just a swing trade, it is a day trade, swing trade as well as a positional buy. You could actually buy the equity and hold on. There is a very attractive impressive bullish chart there."
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