Buy India Cements on dips: Sukhani

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

Sukhani told CNBC-TV18, "India Cements has a nice chart. It’s on the verge of a breakout. At Rs 89-90 it starts going much higher and breaks out from significant resistance. It is trading at Rs 88."
He further added, "It is moving up after a strong consolidation. So I am assuming that this breakout will eventually happen, if not today then in the next couple of days. It is a good stock to buy on a dip, any intraday dip and take a trade on the long side. I think this will reward intraday traders also as well as people who carry positions."
"Lupin fell on the back of some disappointing results and news but that is over, that decline was mild and from Rs 600 it fell to Rs 560-565. Now for the last three days it is beginning to rally again. So this is a buy on dips stock. We have had a dip. We have started a rally and we should be going long in it. The first target for this is Rs 600 and once it crosses Rs 600 then it starts going into those uncharted waters. So, Lupin is a very attractive buying opportunity." Disclosure: I have no holdings in the above stocks.