Jan 01, 2013 10:37 AM IST | Source: CNBC-TV18

Buy Gitanjali Gems on dips: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Gitanjali Gems on dips.

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Gitanjali Gems on dips.

Sukhani told CNBC-TV18, "Gitanjali Gems is a stock that you want to buy on every dip. Do not think that this is the end. We know stocks can go much higher. It is a very good opportunity to go long."

He further added, "In IOC the momentum is favourable, but it is not one of the better choices. A short-term trader has many opportunities. We just discussed Gitanjali as one of them. Why should I go to IOC when I can go to Gitanjali or some other strong public sector stock? So it is a buy, but I would prefer to avoid it."

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