Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Sun Pharmaceutical Industries had a big decline. After this big decline, it has had a small stable trading range. Very small, but it is now beginning an upmove. Now, it could, we are assuming that the downside correction is over. There is never a guarantee.""For bluechips, a big decline is a correction and that correction for Sun Pharmaceutical is over. So, if it is over, yesterday was a good day, we should assume this momentum will continue. We go long in the stock," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!