Sudarshan Sukhani of s2analytics.com is of the view that one can buy Zee Entertainment, PC Jeweller and Nestle India and sell Bharti Infratel and Tata Motors.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Zee Entertainment has broken out of 8 month trading range and in a market where we are seeing some slide in the Nifty, Zee is actually going up. That is a buying opportunity, it is a swing trade. I think it is also positional trade you could actually buy Zee and hold for a few weeks."
"I am fairly upbeat on the market, I think that is coming out easily, so I am a buyer wherever I get an opportunity. PC Jeweller has been a favourite. Between Titan Company and PC Jeweller, I have been liking PC Jeweller because of its charts not anything else and that continues. A small flag is on the verge of breaking on the upside. Again significant highs are coming here in PC Jeweller and that is a buying opportunity."
"Nestle India has been an outperformer in spite of all the news that its gets. It keeps on going up. A small decline and a correction is coming to an end. So, Nestle India is a buy."
"I have two short sells, short sells are only intraday. Bharti Infratel is a short sell. The stock has gone up and come down and literally collapsed."
"Tata Motors is never a favourite for me, it is another short. Keep your short sells only for intraday," he said.
"Jet Airways and Interglobe Aviation (IndiGo) are interesting, but between the two I would prefer IndiGo. There is very decent correction and a small consolidation. So, I think IndiGo has a much better momentum going for it, although both aviation stocks are buys.""Bata India and Tech Mahindra are both buying opportunities for the day."