Technical Analyst, Sudarshan Sukhani advises to buy rtechnology stocks on dip.
Sukhani told CNBC-TV18, "Technology stocks were earlier also buy on dips candidates and that fact remains. The technology sector itself suggests that a fairly large bottoming out process has been concluded. They are on to their bull markets. The pace maybe slow because the broad market is not supporting them but that sector itself suggests an upside."
He further added, "How much upside will come is a different matter, every dip remains a buying opportunity not just in the big ones but also in the smaller ones starting from the lowest of them Polaris, all of them are suggesting buying."
Disclosures: It is safe to assume that analyst & his clients may have an interest in the stocks/sectors discussed above.
Source: Moneycontrol.com
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