Sukhani told CNBC-TV18, "Alok Industries is not a buying opportunity. It has fallen from Rs 28 to Rs 18. These 1 or 2, 3 percentage point gains will keep on coming, after all markets don't go up or down in a straight line and same applies to Ashok Leyland."
He further added, "Ashok Leyland has already broken all significant support levels. It's going to build a base that may take months or even years before we look at it. Firstsource at Rs 6, anyone with a slightly longer term horizon and investors should have it, at Rs 6 this is a buying opportunity."