Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bajaj Auto is one of the easier buys in my list; the rest won't be as easy. The stock has gone through a very deep correction, went into a trading range and it is on the verge of breaking out of that range."
"This is a blue-chip, so in any case you usually don't go wrong buying blue-chips on dips and declines which is what Bajaj Auto has done. It is a day trade and it is something that the position trader can take even if the Nifty gives us distressed signals," he added.
At 09:23 hrs Bajaj Auto was quoting at Rs 1,940.70, up Rs 6.70, or 0.35 percent.
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