Sudarshan Sukhani, s2analytics.com advises to buy Reliance Industries and Cairn India at current levels.
Sukhani told CNBC-TV18, " Cairn India is a buying opportunity. It has already reached its downside pattern targets of Rs 270. Since then, it has been little stable and now bouncing on the upside. Results can do anything. We have already seen Infosys but if results were not there, I would be a buyer here."
He further added, "I have a similar positive view on Reliance Industries. That is mainly linked to the Nifty. The Nifty itself seems to be cheerful as of now. Till that happens, Reliance is also a buy."
Sukhani told CNBC-TV18, " Cairn India is a buying opportunity. It has already reached its downside pattern targets of Rs 270. Since then, it has been little stable and now bouncing on the upside. Results can do anything. We have already seen Infosys but if results were not there, I would be a buyer here."
He further added, "I have a similar positive view on Reliance Industries. That is mainly linked to the Nifty. The Nifty itself seems to be cheerful as of now. Till that happens, Reliance is also a buy."
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