Escorts investment opportunity: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Escorts had a very big rally last year when the markets were doing nothing. This time it was laid back. It is resuming its upmove and it is another mid cap stock which is of a relatively reasonable good quality chart and sharp correction and that correction is getting over now. You are buying on what is perceived to be a dip, it is an investment opportunity. I do not think Escorts is a swing trade or a day trade."

On September 4, 2014 Escorts closed at Rs 133.15, up Rs 12.30, or 10.18 percent. It has touched an intraday high of Rs 136.45 and an intraday low of Rs 120.05.