Buy Sterlite Industries: Sukhani

Buy Sterlite Industries at current levels, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “I would go and look at Sterlite Industries for buying. It has a very good chart, the best among the metals space. A lot of the other metals are steel is actually underperforming. So we are talking about the non-steel area. Sterlite is a buying opportunity probably one of the best in this area.”
He further added, “We are tracking Petronet LNG and that is a stock in which I have taken a position on the long side. It is just breaking out of a significant resistance level and it has been an outperformer earlier. So we have to keep on selecting only strong stocks which can outperform in this choppy market and Petronet LNG may be one of them.”