Buy Ispat, Essar Oil on dips: Sukhani

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Buy Ispat, Essar Oil on dips: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that one can buy Ispat Industries and Essar Oil on dips. He advises investors if one has money go into the market and invest it, but not to take leveraged positions in such a volatile atmosphere.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about Essar Oil See messages about Essar Oil Essar Oil BSE | NSE 28/05/12 Are Mutual Funds betting on Essar Oil? Other Stocks in this news IFCI | JSW ISPAT Steel |

Technical Analyst, Sudarshan Sukhani is of the view that one can buy Ispat Industries and Essar Oil on dips.

Sukhani told CNBC-TV18, "Assuming that the broad markets will stabilise at current levels, we really need to discriminate between the ones that could go up and the ones like IFCI that simply remain where they are. But for the others like Ispat or Essar Oil, I think dips remain buying opportunities. So, I am only making suggestions that if you have the money go into the market and invest it. Please do not take leveraged positions in such a volatile atmosphere."