Buy Bongaigaon on dips: Sukhani

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Buy Bongaigaon on dips: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that one can buy Bongaigaon on dips.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Bongaigaon Q1 net profit up at Rs 90.7 cr Hold Bongaigaon Refineries, says Bhambwani Bongaigaon Refinery has support at Rs 53: Gujral ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about Bongaigaon Ref See messages about Bongaigaon Ref Bongaigaon Ref BSE | NSE 01/01/70 Are Mutual Funds betting on Bongaigaon Ref?

Technical Analyst, Sudarshan Sukhani is of the view that one can buy Bongaigaon on dips.

Sukhani told CNBC-TV18, "On BPCL there is nothing on the charts. It is a volatile stock; it goes up, comes down. I won't touch it there is no sense of direction either."

He further added, "Bongaigaon has done very good things. If you understand that business then this is a stock that should be bought on dips. There are much more ambitious targets there on the charts."