Buy Biocon, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Biocon is a much better chart and after a sharp decline literally a mini bear market it is building a base. It has confirmed a double topped bottom. It is now coming out of that double bottom pattern, so it is not a day trade necessarily. It is not an instrument where you can simply go in and out."

"Biocon is worth buying into hold for a few days. That pattern should flower itself and higher levels are coming, just be patient," he added.