Sudarshan Sukhani of s2analytics.com on Monday said, "Ajanta Pharma has found some support at Rs 1,500. It is a very minor support but for a day trader, for a swing trader, it is okay. Therefore, I am suggesting buying Ajanta Pharma and also focusing on pharma stocks. There could be follow-through in many of them."
As per the Sukhani, "Bharat Financial Inclusion has a very attractive bullish pattern which is now under process. It is not complete. We are buying in anticipation of a breakout."
"Escorts had a four-day narrow range. Narrow ranges are precursors to breakouts on the upside because the trend is up in Escorts. So we are buying in anticipation of another breakout on the upside," he said.
"Godrej Consumer Products has been rallying. A small pause consolidation is a good reason to enter and expect the pause to resume its upmove. Apollo Hospitals Enterprises is a short sell. I put it just to see that the exuberance is tampered but it is there." he added.
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