Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Asian Paints which has gone through a deep correction now suggests that there is support coming in. It is a buying opportunity. It is a short-term momentum trade."
"Colgate Palmolive has a much better chart. The stock is finding support repeatedly at lower levels and willing to break higher. It is also a positional trade apart from of course anything on a smaller timeframe."
"Interglobe Aviation is a buy on dip stock and I would expect it to go back to Rs 1,300-1,350 level eventually. Our day trading targets are always more modest. So, three buying ideas. The market is little confusing today which is why the indices also have the same commentary."
"Two short sells - one is Union Bank of India, all the PSU banks have given up all the gains that they had on that one day eventually slowly and steadily," he said.
"The second short sell is SREI Infrastructure. SREI Infrastructure had a big rally, it has given up 25 percent of its value. There is more downside here, but do take the intraday trade on the short side," he added.
"Pidilite Industries is a buy. It is a buy at current level for anyone looking for some days of trade."
"There are two buying opportunities as we start the day. One is Godrej Industries, already in some kind of an uptrend and likely to sustain that move and the other is ONGC."
"Vakrangee surprisingly is a buy, even at these elevated levels because it has just come out of a trading range and if you have the courage buy it."
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