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Buy ITC, Larsen & Toubro on dips; Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy ITC and Larsen & Toubro on dips.

May 02, 2017 / 11:37 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "ITC and Larsen & Toubro (L&T) are upbeat and even in the month of May, if there is a correction or a dip, both are buying opportunities and as an investing idea one can buy anytime but traders - wait for a dip, May should end higher than April."

"Asian Paints and Castrol India could benefit from a fall in crude prices. Castrol India had a minor dip after a breakout and is a buying opportunity for the day," he said.

"The Nifty probably is an avoid and as the Nifty Bank but there are individual stocks for buying, be on the buy side, the bias is still on the long side. One is ITC which had a big decline and there seems to be a bounce back and other is IRB Infrastructure Developers. Infrastructure stocks have done well. So, two stocks, both for intraday."

first published: May 2, 2017 11:35 am

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