Sudarshan Sukhani of s2analytics.com told CNBC-TV18,"Consider buying Exide Industries just now. Exide was in a small downtrend and that downtrend seems to have been arrested today and the stock is showing upside momentum. So, Exide is a buying opportunity. It is relatively better midcap.
"Cairn India is a short sell. Cairn India has been in a choppy environment essentially pushing on the downside. It broke below its previous low which is always a bearish sign. Buy Exide and sell Cairn India," Sudarshan Sukhani said.
Also read: Cairn likely to produce 2.4 lakh/bpd output in FY14
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