Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Jain Irrigation Systems is responding to news, agro stocks will probably do well. However, I don’t have an opinion to buy Jain Irrigation. There are many other opportunities in midcaps, so, Jain Irrigation is not in my list, but many other stocks would be."
"Any number of midcap stocks are available. Bharat Forge is in my list today to buy. So I suggest traders should be looking at Bharat Forge. A brief correction is over in that."
"Yes Bank has gone through a deep correction, and that correction is giving signs of getting over. So, there is probably more upside here and a decent bounce can be expected," he said.
"Metals and minerals are now coming out of some kind of a small dip and NMDC is also giving us sense that higher levels are coming. The stock is a short term trade while Yes Bank and Bharat Forge could actually be taken as positional trade."
"Lupin is bottoming out. The pharmaceutical sector is also giving signs of life now, so, be patient, hold on to Lupin."
"My suggestion is to sell Dalmia Bharat. I don’t have a target price that would be ambitious or high enough. In fact if you see the charts, the stock has been falling consistently. It is an underperformer even in the sugar sector, so, why hold on to it? My suggestion is don’t look at targets, just sell it off and switch to anything else," he added.
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