Buy Educomp Solutions, says Sukhani

Buy Educomp Solutions, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "The markets are doing remarkable things. Educomp has made a trading range and broken out of it. Once a stock breaks out of a trading range, it moves much further especially when the market is giving it a push. So Educomp is a momentum buying opportunity. I do not think investors should look at it at current levels or at current patterns but for traders it is probably going to give very good returns."
He further added, "BEML has an excellent chart. It was in a trading range for 15 days. At Rs 540 it is pushing towards new highs, a new high for this leg of the uptrend. It should be successful. If it is then we have a breakout from a trading range, all kind of technical good things are happening to it. So BEML is probably not only a day trading buy but also a position trading opportunity. You have to have slightly wider stops when to take a position but the prospects of good gains exist."