Buy Wockhardt, says Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would buy Wockhardt. When you go and buy a volatile stock like this, which has become so volatile, you have to keep deep stop losses."

"So this is not a day trade, but somebody who is willing to carry a wide stop loss should be looking to buy Wockhardt. This is a knee-jerk reaction and it is coming at a very reasonable price," Sukhani further added.
On May 27, Wockhardt closed at Rs 1,277.50, up Rs 47.80, or 3.89 percent. It has touched an intraday high of Rs 1,325 and an intraday low of Rs 1,251. Disclosures: He is long in the Nifty, which was the suggestion in the morning.