Buy Coal India on dips, says Sudarshan Sukhani

Buy Coal India on dips, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "You have to wait for a correction or a dip to buy Coal India for the short-term. For a long-term investor it makes little difference, you buy Rs 5 higher or lower. But for the trader it is significant."
He further added, "Hold Cairn India because in five years I think Cairn India will be a distinct outperformer. So it should do far better than the index. If one wants to make an investment he/she can buy at current levels or he can scale it down because in the short-term Cairn India is looking weak."
“Only Ambuja Cements has deserves buying and ACC as well as India Cement should be looked as shorting candidates."