Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “We can look at CESC. It is a buying opportunity, it has already come out with results but beyond that results the stock was in a trading range and today it is breaking out of that range. This momentum normally continues towards the close of trade so I would say that CESC then becomes a buying opportunity.”
He further added, “The other is a stock that I have not been liking for sometime. But now stocks turn around, that is Tech Mahindra. So buy Tech Mahindra. It seems that the worst may be getting over for it. It is now in a small range and today it is breaking out on the upside. If that is so this is an opportunity for the short-term trader – to buy now and hope for some gains.”
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