Sudarshan Sukhani of s2analytics is of the view that one can buy Sun Pharma .
Sukhani told CNBC-TV18, "Sun Pharma comes on my buy list on and off. It's on the verge of a breakout that takes it to lifetime new highs, its not done that but if it does that it will propel and go 5-10% in a couple of days or three days. But in any case every time it dips it becomes a buy. It's not a bearish stock by any means; it's a stock that's willing and ready to make a big upmove. So this is not only a day trade but it's also a trade where you enter and if you enter at the right time we can get a very big upmove there."
He further added, "We had a deep correction in Bajaj Auto and that's probably done with, just like Infosys . It seems that a short-term low is in place and this stock is now headed higher. It's also been one of the significant outperformer in the market for the last year and that outperformance will persist and continue. So this is a buy on dip stock, for today it seems that it's ripe for a very decent upmove and for position traders you should consider it."
Disclosure: I have no personal holding in the above stocks.
