Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cairn India .
Sukhani told CNBC-TV18, "Cairn has been a favourite. It went through a deep correction - that was a buying opportunity. I think Cairn will outperform this broad market and crude is moving fair enough that is the link with Cairn but independently because it's unlikely that we will see crude at USD 50-70 again. So whatever happens to crude in the near term, Cairn is likely to move up. It's a buy on dip stock, we had a dip, and we should buy it now."
He further added, " IRB Infra went through some disappointing chart patterns but that seems to be behind it now. At this point of time it's one of the better infrastructure stock charts. So rather than go to GMR , IVRCL or even Lanco , it is better to concentrate on IRB if at all we want to and we should look at infra whenever it corrects. This rally probably is not over. So, IRB remains a buy today for the short term trader and probably in your buy list."
