Avoid Essar Oil, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Essar Oil has been a big mover in the last two days, not off late. In two days it has rallied almost 30-40 percent. You don’t buy such stocks, you do not buy such stocks which remain sleeping for months and then in two days go through such rallies. You avoid them."

Essar Oil ended at Rs 146.45, up Rs 6.60, or 4.72 percent. It has touched a 52-week high of Rs 153.80.