Sudarshan Sukhani of s2analytics.com suggests buying Bharat Heavy Electricals and Indraprastha Gas and advises selling Amara Raja Batteries and Torrent Pharma.
"Indraprastha Gas (IGL) is an excellent company. I would buy it for reasons given on charts. There is more upside here. If you are an investor consider buying it because it could double from current level, there is a lot more potential," he said.
"Tata Communications has been on a roll, a small correction is probably getting over."
"There are two short side trades and that is also opening up. Amara Raja Batteries surprisingly has been a clear underperformer and Torrent Pharma, so these are the two short sells, but try to stick more with the longs."
"After a big decline in Tata Motors, it becomes difficult to say sell now. So, I don’t have a trade."