Buy Idea Cellular, says Sudarshan Sukhani

Buy Idea Cellular, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I would buy Idea Cellular. I have been upbeat on it. It has come in our buy list earlier as well as Bharti Airtel. Both the telecom stocks are buying opportunity. They have gone through deep corrections and those corrections are now over. So we do not have to be afraid of further declines. If it is, if the whole market collapses then these two also will come down, you get stopped out otherwise they are outperformers."
He further added, "Tata Coffee has been having these runs repeatedly. Maybe because I have started drinking coffee, that is helping us I suppose. It is a buying opportunity, we cannot buy after the 20 percent run, let it consolidate and this has been the suggestion earlier for Tata Coffee when it was beginning its rally, you wait patiently whenever the stock dips and we say okay, it may come down 5 percent. That is the time you want to enter it. A significant upmove is left here."