Buy Cipla, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla.

Sukhani told CNBC-TV18, "Geometric charts suggest that good run will continue. It rallied from Rs 65 to 100 that is a 50% rally in just two weeks, while it will continue. I don’t think again we should be going and entering it at current levels. We have to let the market pause; catch its breath but Geometric charts suggests that better things are coming.”
He further added, "In Cipla I can see and immediate upside to Rs 350 and probably more. It is coming out of a very large bullish pattern, so Cipla is a buy today. It is a buy intraday and it is also something that you can buy and hold.”