Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Wockhardt has made a bullish head and shoulder. It has come in my buy list earlier also. There are much higher targets for Wockhardt. It is a buying opportunity. You could actually hold it also for a longer time for the more ambitious targets."
"TVS Motor had a small flag like decline and that flag tells us much higher levels could be coming, it is a buying opportunity."
"NTPC is waking up from a slumber of many years, not sure why, but power companies generally are giving signs of life. NTPC is a buy."
"All three stocks could be carried for more than a day. I think there are investment or intermediate investment opportunities there also."
"Two short sells, Marico which is doing nothing, drifting sideways while Hindustan Unilever is doing much better. It is an underperformer."
"UPL is the stock where some kind of a mini-bear market has started. It is breaking support levels consistently. Short sells should only be done for the day," he added.
"Nestle India is a buying opportunity. Most FMCG stocks except for Marico, even Dabur India is. Nestle is certainly an investment buy, it is not a swing trade. At current level, at these elevated levels you can still buy it."
"Axis Bank is part of the private sector banks which I am upbeat on. The market can become choppy and there maybe a temporary short term set back. Banks generally are upbeat and Axis Bank is also in the same group, it is a buy on dips even today," he said.
"Axis Bank is a buying opportunity as is the Nifty Bank. The early morning rally has given way to some kind of consolidation and a minor decline I would be buyer in the Index also and in the Axis Bank stock as well."
"I have a sell idea and I know I am going against the current and that is to go short in Bharti Airtel. I have been bearish on this stock earlier and saying that this breakout is not genuine, it is not creating and developing a bearish head and shoulder. These patterns can easily fail, so with that caveat it is a short sell for the day and for a courageous trader you can buy Puts and carry the short position overnight also."
"Hexaware Technologies which has been making lifetime new highs and continuous to do so today with a weakness in the rupee and generally upbeat momentum in CNX IT. IT stocks is a buy for today and a carry forward trade as well."
"The third is Hindustan Unilever (HUL), it is a favourite. It is an all season stock, you can buy it with your eyes closed and after a month hopefully there is money in it. HUL as it makes new highs, it is also a buy."
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