Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories .
Sukhani told CNBC-TV18, " TCS was doing well yesterday also. How will the Nifty go up from 5,000 onwards? So some of the better Nifty stocks will have to take it up and TCS qualifies us that. It went through a very shallow correction and started moving up inspite of the bad news all around us till yesterday. I assume TCS now likely to make these new highs very soon, so TCS becomes an excellent buy in fact you could actually buy call options and carry it for more than a day."
He further added, "I selected Divis Lab because probably midcaps will participate in today's rally. I am assuming this is one of the better pharma stocks in the midcap segment. It has also completed a sharp correction. It is already inching its way upwards that movement is going to get a lot of momentum now."
"There will be some stocks which are likely to move up even if the Nifty becomes choppy after today's big gap up and I think Divis will be one of them. Independently if we were to simply look at stocks this qualifies as a buy."
