Sudarshan Sukhani advises one to wait patiently and lest the effect of the news be over. He advises Balrampur Chini to buy on dips.
Sukhani told CNBC-TV18, "I would expect that the dip for sugar stocks has come out, this stock is clearly news driven because of selling pressure and not because of tired liquidation, its because of news, so once that happens there is a question mark and I just heard Amit say that very correctly but yes you wait patiently and lest the effect of the news be over and I would be a buyer in the stocks that are pulling down today starting from Balrampur Chini onward, I would still say they are buy on dips."
