Buy Lupin, SAIL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Lupin has already gone through a deep correction. The sense is that that correction is now coming to an end, so it is a classical buy on dips strategy. If this works, we are buying at the lows of what could be a very nice upmove."I have been upbeat about metals for the last three weeks; that theme continues. Today I have Steel Authority of India (SAIL). SAIL has a wonderful classical breakout chart. It is on the verge of breaking out and if it does that, it enters into significant intermediate uptrend. The chart is very attractive and so it is a swing trade, a day trade and also if you are looking for investing some money, it is worth buying into," he said."There is a buy in non-ferrous metals and now in most metal stocks and steel stocks. However, of all the stocks, since SAIL is now on the verge of breaking out, it has the largest possible gain in the near future which is why it is selected today."