Jun 27, 2012, 11.58 AM IST

Buy Bajaj Auto, says Sudarshan Sukhani

Buy Bajaj Auto, says Sudarshan Sukhani of s2analytics.com.

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Buy Bajaj Auto , says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "Bajaj Auto is now on the verge of a minor breakout, so when one is looking at day trades these minor breakouts can add a lot of value to traders who is looking at a one or two day trade. Bajaj Auto in any case is in an uptrend just like Hero Motocorp."


He further added, "Bajaj Auto is in an uptrend, it’s in a narrow range, willing to breakout. I think the breakout is imminent so Bajaj Auto becomes a buying opportunity. In any case when one buys a strong stock the chances of going wrong are minimal."


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