See break out in BPCL, pick Glenmark Pharma: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Almost all good quality stocks are making similar patterns. After a big rally, the Nifty and the Bank Nifty drifted sideways. That sideways pattern was a consolidation precursor to a renewed upmove. It is the same pattern, no dips, no corrections just sideways movement and that is a strong market for you.""Bharat Petroleum Corporation (BPCL) among the three oil & gas stocks is giving us the strongest sense of this sideways movement and imminent break out. Glenmark Pharma just happened to be the choice for the day," he added.