Sudarshan Sukhani of s2analytics.com is of the view that one can buy IVRCL .
Sukhani told CNBC-TV18, "IVRCL was part of that infra group, which had this tremendous bear market and now they are all going through a fairly decent rally. A very sharp correction and rally subsequent to that correction has come about. For today it is a buying opportunity. Some of the infra stocks have already begun their next up move. It won't be the same. It won't have the same momentum, but it's up."
He further added, " Arvind is a stock you want to buy, but only on a deep correction. While for intraday traders I would say that you look for small opportunities of consolidation and go long, for a position trader you really want to wait for a much sharper correction on the stock. But the trade is remain long in Arvind. Don't try to catch stops. Do not sell it at all."
Disclosure: I have no personal holding in the above stocks.
