Prefer Ajanta Pharma: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is only one stock in pharma that is Ajanta Pharma where after a big decline a bullish pattern is emerging and it is trying to breakout on the upside. Most of the pharma companies, at least the large cap pharma are in sustained distribution and decline. I don't think we should be buying them at all."At 15:18 hrs Ajanta Pharma was quoting at Rs 1,337.60, down Rs 57.10, or 4.09 percent. It has touched an intraday high of Rs 1,404.00 and an intraday low of Rs 1,311.75.