Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We are going to see a minor buzz on the upside starting with Ashok Leyland where a dip or a sharp correction seems to be finding support, so it is a buying opportunity here, as usual if the stock closes strong, carry it forward."
"A lot of public sector undertaking (PSU) banks are suggesting at least a minor double bottom is in place and a rally is going to continue. So, Canara Bank is a buying opportunity for me but it is not alone, Allahabad Bank and Bank of Baroda have similar patterns. So PSU bank is a theme that could play out today."
"HDFC did not correct. It is in a world of its own. It is a buying opportunity. As it now breaks and tries to make lifetime new high, it's just a little shy of that. It had a good day yesterday," he said.
"Vedanta is also on the verge of another breakout on the upside. It had an excellent day yesterday and is an outperformer among metal stocks. It is a buying opportunity."
"So there are four buys and to balance out, Cummins India had a dismal chart. It had two sharp rallies both were sold into. It's on the verge of breaking on the downside. It's a short sell."
"Two midcap stocks - Blue Dart Express and Finolex Cables are for buying."
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