Buy BPCL, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Petroleum Corporation Limited (BPCL) is making a fully bearish pattern at these lower levels and now willing to breakout. The surprising point is that BPCL and Indian Oil Corporation (IOC) are making similar patterns but Hindustan Petroleum Corporation Limited (HPCL) is not.""It is underperforming, so stay with these two stocks. BPCL is preferred because it is more liquid. However, there is an upside here. It is a positional trade also. You could buy it and then wait for the pattern to fulfil its rally and its target which could be much higher," he said.