Prefer Shriram Transport Finance: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Shriram Transport Finance Corporation had a deep correction. So, this is more of a hope trade but I think that correction is getting over. Three days ago it had a handsome rally and that tells us that the correction is over. After the rally there is a pause. We are entering into a pause anticipating the rally will continue.""Shriram Transport is a reversal trade, reversals are always difficult to trade but they are also much more profitable because we are buying at the lows," he said."I would be buyer in Ashok Leyland, it is on the verge of making lifetime new highs."