Buy ICICI Bank on dips, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "ICICI Bank has resistance at Rs 900 equivalent to that 10000-10500 level for the Bank Nifty. Once it crosses it will take off but it will chop around the current level. So traders can buy on dips then exit on a rally again buy on a dip."
He further added, "For an investor these chopping around movements are irrelevant. This market is now heading towards a point or maybe it is already at a point where investments should be made and money committed and portfolios enhanced for the percentage of stocks in them. So for investments ICICI Bank is an excellent buy. It's going to outperform the Nifty."
