Sukhani told CNBC-TV18, "My second pick is company called Dolphin Offshore. The offshore services business has been on a roll that we have seen how HOEC has been going up. The entire business sector is doing well. It is not just that on the charts Dolphin went through a very sharp correction, it has rallied and it was at this point for the last one month building a small base. The breakout from this base will take Dolphin not just to higher highs but actually move it to life time highs. Stocks which make life time highs are bullish for the technician. This is a stock that I think which I bought in anticipation of a move today and for investors who want to stay with it can buy now because this is moving towards life time highs and much higher levels."
Disclosures: I do no own any stocks, any shares in the company.
