Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Axis Bank and ICICI Bank are giving attractive bullish patterns. Up and down move days will keep on happening but for today Axis Bank is worth buying into. It has a bad day on Friday, so we are buying at the lows."
"Adani Ports and Special Economic Zone has already broken out of nice attractive bullish pattern. It is a buying opportunity."
"Hindustan Petroleum Corporation (HPCL) had a bad day but broadly Bharat Petroleum Corporation (BPCL) and HPCL are showing sustained upmove. So we are buying on a dip," he said.
"The CNX IT chart has been consolidating for the last one month while we think that the sector has gone to the dogs. It may not be so. The market is fairly sanguine that this could be a short-term low. Infosys is on the verge of breaking on the upside, so that is a buying opportunity."
"My sole short sell is Jindal Steel & Power which has made a bearish pattern; it is going down and looking at lower levels," he added.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
