Buy RIL BPCL, Adani Enterprises, Auro Pharma, Jubilant Food; short NMDC, DCB Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I am focusing on midcaps. There are buying opportunities in midcaps and they were not affected by the Diwali Muhurat decline. Adani Enterprises is giving a bullish pattern. There is a buy not only for the day; one could carry it for few days. Aurobindo Pharma has been a favourite. It has been outperforming the pharma sector. It is now willing to go much higher. Take a positional trade, take a swing trade here. Do not restrict to a day trade for both Adani Enterprises and  Aurobindo."

"Jubilant Foodworks is going up relentlessly. It is a worthwhile buying opportunity even at current level. It's a positional trade."

"Two short trades - NMDC, iron ore prices are softening again and much lower levels coming and DCB Bank which has been a strong underperformer, a distinct underperformer. So, one can go short because markets could be choppy or little ceded but focus on the buy ideas," he said.

"GVK Power & Infrastructure is a potential doubling stock. At current level GVK is worth buying. There is a small risk and a significantly larger reward for GVK Power."