Sudarshan Sukhani, s2analytics.com is of the view that one can buy Asian Paints .
Sukhani told CNBC-TV18, "Asian Paints was a remarkable stock. Six months ago when we had intermediate uptrend, it was a stock that could do no wrong and then it did all the wrong things; it came down quite drastically. Now we are almost at the lows of this correction."
He further added, "Asian Paints so far hasn't participated except for yesterday, there is a sense that at least an intermediate low is in place and if that is so then it was an outperformer in the erstwhile bull market of 2010-11 so that it can do again. So Asian Paints is a buying opportunity, we don't know if a bottom is in place but if it is its going to be an outperformer again."
