Buy Godrej Industries, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Godrej Industries has a same chart as Crompton Greaves which tells us that lot of midcaps are now finally coming in play. A sharp correction almost a mini-bear market, a bullish head and shoulder and Godrej already had a breakout. Yesterday it had a rather dull day so this is a good time to buy that breakout."

At 11:58 hrs Godrej Industries was quoting at Rs 308.90, down Rs 2.40, or 0.77 percent. It has touched an intraday high of Rs 314.50 and an intraday low of Rs 307.10.