Buy Adani Power, GSFC, Indiabulls Housing Finance; sell Biocon: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically all three, Adani Power, Tata Power and KSK Energy are looking attractive. In fact the entire power sector has been suggesting for the last three to four days that a small breakout is now imminent in this sector. So, among them, Adani Power is the easiest to buy. While they are all almost the same, it has a relatively slightly better chart. However power and energy, that broader sector, is suggesting that a rally is coming in."

"This is an easy market to trade in on individual stocks. You can search for good ideas and get them. So, GSFC is a buying opportunity today. That stock has already broken out from multi-year bases. It is now rallying, consolidates and rallies. So this is another rally after a consolidation," he said.

"Indiabulls Housing Finance has just literally gone vertically up after a small pause, at least a short-term swing trade is again available to buy it and sell in a few days' time."

"I have also got a short call and that is to short Biocon. Biocon had a handsome rally and that rally consolidated, that was actually distribution. So, for professional traders here is a chance to actually go short."