Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bajaj Auto .
Sukhani told CNBC-TV18, "Bajaj Auto has completed a deep correction or a bear market. The rally we have seen has been fairly consistent. Again, this part of the rally on Friday it made new highs. The momentum is clearly visible without being overbought or without suggesting signs of exhaustion. So again if there is anything to buy, Bajaj Auto should be the selected stock because in a choppy market there will be stocks that go up and here is a stock that's willing to reach Rs 1800."
He further added, " Hero Motocorp has made a double bottom and crossed that double bottom. On Friday it was a little indifferent. That's probably good news for buyers today because a good stock, which has given a clear bullish breakout. When it corrects for a day or two days, it is right for the big move on the upside. So for Hero Motocorp I would suggest that if you get it right, which means if this move starts then the targets can also be a little more ambitious. They need not be a day trading targets. But in any case, a very mild correction on Friday could suggest very decent levels today."
