Buy Crompton Greaves on dips, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, " Bharti Airtel has completed some kind of a downtrend earlier. It's going up with the market but buying now would probably mean catching the top of the move. You have to wait for a correction that will come."
He further added, " BHEL 's decline after news was not a very cheerful event. That told us that there is a lot of weakness in terms of buyers. The buyers are not confident, they are far more confident in L&T which reflects on the charts. So among the two L&T is a better selection."
"In the midcap capital goods stocks Crompton Greaves inspite of the bad news we had in terms of results, the charts are very good. So this remains a buy on dips opportunity."
