Buy Cairn India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com feels that short term trader can buy Cairn India.

Sukhani told CNBC-TV18, "I would not touch IFCI at all, but as a technical trader if I look at the chart I would say Friday’s move deserves to be bought into. But individually personally I would never touch that stock."
He further added, "Sometimes Cairn India gives the impression of going to Rs 400 and sometimes to Rs 280. That is  hardly a right chart to trade in. As of now again it is showing signs of life. So for a short-term trader there is a buying  opportunity. But it is quite confusing generally."