Buy Ashok Leyland, Godrej Industries, hold Tata Elxsi; sell LIC Housing Finance, PSU banks: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We are looking at some stocks that are outperforming and we are looking to buy them only intraday. Ashok Leyland has sort defined gravity, it goes up every time, even the slightest of buzz in the market."

"Godrej Industries is also a buy. Ashok Leyland and Godrej Industries are suggested for intraday buying."

"LIC Housing Finance is a short sell. But keep your trades intraday."

"The market is not rewarding holders of PSU banks shares. Exit, if at all you want to buy banks, buy ICICI Bank, buy Axis Bank and IndusInd Bank even when they correct, they will bounce back handsomely, but get out of PSU banks; sell."

"Hold on to Tata Elxsi, do nothing. Do not average, do not sell this is an outperforming sector. Hold on to it, don’t do anything else," he added.