Buy Nagarjuna Fert & Chambal Fert on dips: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that Nagarjuna Fertilisers and Chemicals and Chambal Fertilisers and Chemicals, they are in long-term uptrends. The long-term push is on the upside - dips are to be bought.

Sukhani told CNBC-TV18, "Nagarjuna Fertilisers and Chemicals and Chambal Fertilisers and Chemicals, My call is that they are in long-term uptrends. Every time we see these stocks fall, as we seen that recently, there is an investment buying opportunity and a trading buy there because once the uptrend is intact, the long-term push is on the upside - dips are to be bought, which is what both stocks should be done with now."

Disclosure: The analyst has delta neutral positions in Nifty and investments in shares.