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Buy HPCL, BPCL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Petroleum Corporation and Bharat Petroleum Corporation.

December 03, 2015 / 11:06 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) are coming out of nice attractive bullish patterns. I would be a buyer in both of them. Indian Oil Corporation (IOC) is not liquid, so I don’t consider that. However, both these oil marketing companies (OMCs) are buying opportunity." "I don’t know about a day, the price movement sometime depends on how the Nifty behaves. If you get a dip then HPCL and BCPL are buying opportunities. Primarily I think this market will reward you if you hold them for a few days and not necessarily intraday trade," he said.

first published: Dec 3, 2015 11:02 am

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