Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Havells India has gone through a sharp correction almost like a big decline and that is now ending. A large base is being built, so Havells would be a buying opportunity even without the assumption that if the markets are stable then you buy. You could buy Havells independent of the markets. The chart is very attractive. Essentially, it is also a positional trade."
"Siemens has been a one way street; it is amazing almost going up day after day. There is no sign that this rally is coming to an end. There was a very minor correction for four days and that correction may be ending, so for a day trader and a short-term swing trader Siemens is a buy," he said.
At 09:48 hrs Siemens was quoting at Rs 1,403.20, up Rs 36.25, or 2.65 percent. It has touched an intraday high of Rs 1,406.90 and an intraday low of Rs 1,371.
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