Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks are mainly on the long side. Axis Bank which is now building a very attractive base and willing to go higher should be bought into for even a day or maybe even a couple of days."
"Bajaj Finance which has been on a roll is now breaking out after a small consolidation. And finally, the capital goods maker Bharat Electronics (BEL) which has been an outperformer in that section is showing good relative strength today. So, stay on the buy side of the market. Do not be adventurous, do not go short. Buy the Nifty, buy individual stocks," he said.
"We want to wait for a dip in Interglobe Aviation. A stock that is down not only on a strong market day but also on the back of news and earnings is best left alone for some time."
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