Buy Ashok Leyland, UltraTech, hold Eicher Motors, MOIL; sell Reliance Cap, Sterlite: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is mainly to go and buy something or the other. This is a very relatively easy market to trade. Ashok Leyland is a buying opportunity. The stock has been making new highs and that process continues."

"UltraTech Cement which has come out of a reasonable small correction is probably showing signs of life. There is actually a short sell which is Reliance Capital. I am down beat on most NBFCs and even more on Reliance Capital. So that is a short but remember short should be taken only intraday," he said.

"MOIL is just beginning a rally, we could have a target between Rs 550 and Rs 600 in the next five years. It is a long-term investment buy and I would say hold on to it."

"You should hold on to Eicher Motors. This is a long-term play and be a long-term investor. There will be minor dips and minor corrections but higher levels will surely come. So, for Eicher it is easy just hold on," he said.