Petronet LNG looks good for investment: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that Petronet LNG is looking good for investment
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Sukhani told CNBC-TV18, "There is a trading opportunity in Petronet LNG once this correction or downtrend is over. I cannot recommend buying when the market is sliding down. There is no percentage and sense in it. But Petronet LNG is likely to be one of the outperformer. So whenever this correction is over, or this dip is over, there is a trading opportunity. A trader who buys on a dip could actually make 20-25%; that would mean Rs 7-8 on the dip and in a few weeks time. I would say that’s a pretty good return to get. It is likely to be a very good choice for an investment. One has to understand that if markets slide, nothing is going to stay afloat, everything will fall."