Sukhani told CNBC-TV18, "I have been upbeat on SAIL for some time now. My sense is that it's completing its bear market. At least it's ready for the significant upside. SAIL has made for technical traders something that is called a bullish head and shoulder pattern. It has confirmed that. This pattern quite often begins the move that goes far more than expected. So SAIL is a buying opportunity."
He further added, "Assuming that markets remain even mildly steady today, I think SAIL should be one of the better stocks to go long in. A target of Rs 88, but now, if it reaches Rs 88, the chances is it could go higher."
