Buy Canara Bank on dips: Sudarshan Sukhani

One can buy Canara Bank on dips, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Trading should be done in context. If the market opens wherever they will and the banks remains steady then one should consider buying because then the banks are testing their lows and probably willing to go higher."
He further added, "Canara Bank made some kind of a double bottom, it has done well yesterday; most banks did that and even if it dips a bit buying should be done. The context is, suppose the Nifty opens 30 points lower and immediately starts sliding and goes 30-40 points lower more then there is no buying left."