Buy Maruti Suzuki: Sudarshan Sukhani

Sukhani told CNBC-TV18, "Maruti Suzuki has made these new highs on Friday. It is also probably one of the better auto charts. I think the worst is behind Maruti, some good things are happening on the charts that tells us that probably fundamentals will catch up eventually. It is a buying opportunity. On Friday all good stocks had big ranges, they went up flying. So entry points must be taken with care but the fact that Maruti broke out to new highs of this uptrend tells us that there is much more upside here."

He further added, " Bombay Dyeing has been a very puzzling stock. It was in a bear market; almost like a bear market, it has made a small base. It is a second run stock. If momentum stocks are going to go up then stocks like Century, Bombay Dyeing should certainly participate, they are high beta stocks and they will give you more gains for every one Nifty point. So it is worth going long in it. For all such second run stocks please follow stop losses."