Buy Cairn India , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Cairn India has been a favourite since it started this rally. It is outperforming. On the charts itself it is making those new highs, then pulls back, makes those new highs, so it deserves a buy attention. Second, I am fairly bullish on crude as such. I think Brent crude is going up and is likely to make new highs. So Cairn should benefit from that."
He further added, " HCL Tech is a buying opportunity. Now there is a caveat here, when markets become choppy, sometimes the trades' workout and sometimes the stocks themselves are choppy, so that the trader needs to understand. In an environment where the markets are steadily going up, we have these buying opportunities and the keep on doing good things. But sometimes you have to watch the market before you take a trade. With all those controls I think HCL Tech remains a buy."
