Buy Bharti Airtel, Zee Entertain, Aditya BirlaNuvo: Sukhani

Wed, Feb 27, 2013 at 18:23

Sudarshan Sukhani, s2analytics.com advises traders to buy Bharti Airtel, Zee Entertainment and Aditya Birla Nuvo.

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Sudarshan Sukhani, s2analytics.com advises traders to buy Bharti Airtel, Zee Entertainment and Aditya Birla Nuvo.

Like this story, share it with millions of investors on M3

Buy Bharti Airtel, Zee Entertain, Aditya BirlaNuvo: Sukhani

Sudarshan Sukhani, s2analytics.com advises traders to buy Bharti Airtel, Zee Entertainment and Aditya Birla Nuvo.

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Sudarshan Sukhani

Technical Analyst

Sudarshan Sukhani, s2analytics.com advises traders to buy Bharti Airtel , Zee Entertainment and Aditya Birla Nuvo .

Sukhani told CNBC-TV18, "Ahead of the event we should either not trade or be long. So, three stocks that I can recommend are in that order and all three are for buying, Bharti Airtel, Zee Entertain, which is now coming out of a small correction and Aditya Birla Nuvo. Naturally, events have risks but these probably are some things that should work out."

On Feb 27, Bharti Airtel closed at Rs 321.55, up Rs 10.25, or 3.29%. It has touched an intraday high of Rs 324.45 and an intraday low of Rs 315.

On Feb 27, Zee Entertainment closed at Rs 220.25, up Rs 4.85, or 2.25%. It has touched an intraday high of Rs 221.40 and an intraday low of Rs 216.45.

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highlights

Economic slowdown a wake-up call for stepping up reforms
Future shift in RBI policy stance would be desirable.
Tight RBI policy led to sharper-than-expected slowdown
April-December data shows 5.3% fiscal gap aim 'achievable'.

FY13 GDP growth seen at 5%: Economic Survey
Economic Survey in favour of widening tax base and prioritising expenditure
WPI inflation may decline to 6.2-6.6% in March
Indian economy likely to grow at 6.1-6.7% in FY14

Railway minister has done a commendable job in meeting competing demands of improving services and controlling expenditure: PM
It is a reformist and forward- looking Budget: PM
If you look at the overall Budget, it was relatively muted and there was nothing exciting and no steps were taken, which would make the market happy: ICICI Direct
There is no major capex from the civil construction on the freight corridor, though some investments are coming on the metro side: KEC International

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