Buy Apollo Tyres, Axis Bank, Dabur, Can Fin Homes, PNB Housing: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "You have to buy; in any case I have been explaining that if you short sell, take only intraday trades, and today even that is not a good idea. So, we buy and hopefully we carry these positions forward assuming that the markets close as they are trading now."

"The first stock is Apollo Tyres. It has been in a strong upmove, had small correction and a resumption of that upmove. The banks luckily are sort of lagging behind today. I say it luckily because the chances are they will play catch up. So Axis Bank is a buy, it is also one of the strongest private sector banks," he said.

"Dabur India from the FMCG group -  the FMCG group I can foresee will be an outperformer in the next few days and weeks, so, we are just latching on to a good trade. All three buying opportunities."

"Can Fin Homes and PNB Housing Finance are two of the best midcaps. Both these stocks are in very strong uptrend and they have been outperforming in this bull market. Stocks that outperform in a bull market continue to do so. So, my view is that both stocks will do well in the next three to six months and you should probably get higher levels in either of the time periods, so, you should stay with these. However, the gains may not be the same as you have seen earlier. Earlier we saw 20-30 percent gains every quarter, every six months, that may not come about, but there will be reasonable gains," he added.