Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Sintex Industries is a classical textbook chart. It bottomed out, then it started making higher highs-higher lows then it had a small correction just now and that correction stopped almost exactly at the support levels, it is perfect. We want to buy it."
He further added, "The correction has stopped. We saw good run up on Friday and that should now continue and make new highs for this upmove. It is a perfect opportunity to go long for the short-term trader, in fact if it works out today, carry it for tomorrow."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!