Buying opportunity seen in Jain Irrigation: Sukhani

Sukhani told CNBC-TV18, “Jain Irrigation is after all of the declines that it has seen it’s finding support repeatedly and it’s coming on our list as a buying opportunity and it’s a long trade today also.

He further added, “The banks will lead the decline, there is no doubt. ICICI Bank has an initial target of Rs 665- 670 and probably lower levels after that. It’s not just ICICI Bank , I think the Bank Nifty also is a short sell whatever instrument you use puts on the direct sell of the futures, but entire banking sector is now again likely to see a lot of disarray.”

Disclosure: I have no investment in any of the stocks discussed.