Sukhani told CNBC-TV18, "The markets are doing remarkable things. Educomp has made a trading range and broken out of it. Once a stock breaks out of a trading range, it moves much further especially when the market is giving it a push. So Educomp is a momentum buying opportunity. I do not think investors should look at it at current levels or at current patterns but for traders it is probably going to give very good returns."
He further added, " BEML has an excellent chart. It was in a trading range for 15 days. At Rs 540 it is pushing towards new highs, a new high for this leg of the uptrend. It should be successful. If it is then we have a breakout from a trading range, all kind of technical good things are happening to it. So BEML is probably not only a day trading buy but also a position trading opportunity. You have to have slightly wider stops when to take a position but the prospects of good gains exist."
