Buy Coal India: Sudarshan Sukhani

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

Sukhani told CNBC-TV18, "See even in a disappointing market there are stocks that actually go up and we want to go and buy them and Coal India now qualifies as one of them. The stock has given a perfect chart pattern, higher highs, higher lows, trading ranges, breakouts from the ranges on the upside and now currently in a trading range but closing higher yesterday. Coal India actually did better."

He further added, "I would be a buyer in Coal India and if the markets are choppy in the first half, I would wait. But the trade here is to go and buy it, looking at higher levels and eventual breakout above Rs 360 which should be significant."