Buy pharma stocks on dips for long term: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Cipla's chart was beginning to look better but the big decline we have seen prior to today tells us that it is a choppy sort of stock now. If you are a long term investor, any dip in pharma is a buying opportunity but for anyone else I think lower levels will come."Sun Pharmaceutical Industries closed at Rs 756.55, down Rs 2.25, or 0.30 percent. It has touched an intraday high of Rs 767.50 and an intraday low of Rs 734.40.