Buy L&T, says Sudarshan Sukhani

Buy Larsen and Toubro, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "The best quality is what people are looking at and charts are suggesting that there is more upside here. Yesterday L&T broke out from that bottoming out pattern and that is good news, because unlike Tata Steel which actually came down L&T said okay, I am willing to cross those resistance levels and go higher. That should be the beginning of a new upmove in L&T."

He further added, "Today the chances are even in a choppy market there would be follow-through. Wait patiently and then if you see market steadying L&T would probably be one of the most preferred buys."