Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are two themes - IT and financials. The IT theme continues and Tata Consultancy Services (TCS) is a preferred buy but it is not just TCS even HCL Technologies is a buying opportunity. Midcap IT is giving signs of life. So think of this as a theme for the next few days, not just one stock."
"I have Kotak Mahindra Bank and Rural Electrification Corporation (REC) as buying opportunities - after the big rally in public sector undertaking (PSU) banks, I would prefer they consolidate before I enter them. So these are two good quality stocks willing to go higher," he said..
"Two short sells. I am very downbeat on metals and Vedanta has made bearish head and shoulder. It is looking to much lower levels and unfortunately Zee Entertainment Enterprises also has a similar bearish pattern. So, two short sells and three buys."