Buying opportunity seen in Escorts, Apollo Tyres: Sukhani

Buying opportunity is seen in Escorts and Apollo Tyres, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “The big decline was because of that freak trade, the fact remains that we have been trading below 5300 again. This market is not giving us much direction. It’s not saying that I am willing to go up and of course it’s not going down either. So in a directionless market the ideal trade is not to trade and today we have a weekend coming.”
He further added, “I would not venture into any trading at all, leave aside say selective stocks. Beyond the Nifty there are other opportunities for example Escorts is a buy, Apollo Tyres is a buying opportunity, but within the Nifty universe there is no trade."