Sudarshan Sukhani of s2analytics.com is of the view that one can buy Apollo Tyres .
Sukhani told CNBC-TV18, "Apollo Tyres has come on my buy list on and off for the last 10-15 days. It's completed a bear market on correction; its doing the right things, making higher highs, higher lows, slowly inching upwards."
He further added, "I think Apollo is now ready for a significant upmove with time, this is not a roaring bull market anyway but Apollo Tyres is a buy, keep a target of Rs 71. But if you are a position trader you want to watch this stock for buying opportunities regularly."
" Gujarat Fluorochemicals is a buy after a long time. It was on of those concept stocks that could do no wrong; it was in the right business doing all sorts of right things and then suddenly halved itself, that's the way the market behaves.
"A lot of midcap stocks as we know are not showing signs of bottoming out whether it is permanent or whether it's a short-term bottom, we will find out but the signs are there. Gujarat Fluorochemicals is also one of them. It's been a favourite earlier; it's in the F&O section, so there are lot of good things going with it. There is a buying opportunity here and it's worth taking. We don't know whether it will work out or not but midcaps are outperforming, so Gujarat Fluorochemicals is also a high beta stock, go for it."
