Buy Bajaj Auto on decline, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically Bajaj Auto is suggesting that a bottom is in place, so if you are an investor I wouldn’t worry about the earnings disappointment or a decline. If there is a decline, it is probably a buying opportunity but that is for investors and investors should look for these opportunities to buy. I don’t have a view on a short-term trade; earnings could do anything to the stock."

At 11:11 hrs Bajaj Auto was quoting at Rs 2,167.45, up Rs 16.95, or 0.79 percent. It has touched an intraday high of Rs 2,196 and an intraday low of Rs 2,124.