Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The entire fast moving consumer goods (FMCG) sector is ripe for buying spree, so one could be buying Britannia Industries or Colgate Palmolive (India) or even Hindustan Unilever. Britannia is the preferred choice today because it has a very attractive pattern, a larger pattern but intraday you could buy any of them except for ITC."
"Hero MotoCorp is a buying opportunity. It is an intraday buy because it is not giving same pattern as FMCG is giving but there is upside traction there."
"Interglobe Aviation (Indigo) is a buying opportunity and a sense is that it is willing to breakout after a very narrow range. Look at Indigo and consider buying it for the day," he said.
"Pharma stocks are coming everyday; one or the other is coming in my list. So some nice attractive patterns are developing - that maybe short-term but we are short-term traders, so Lupin is a buy today. So, look at pharmaceutical and FMCG. These are the two sectors I am focusing at."
"IRB Infrastructure Developers is a sell. Housing Development and Infrastructure (HDIL) is also a short sell. This market today, for me, is more towards buying than selling."
"I think Aurobindo Pharma is a buying opportunity in spite of 40 percent rally. It is not a day trade but if you want to build a position, it is an attractive idea," he added.
"Hindustan Unilever (HUL) is going to be a strong outperformer. Reliance Industries and HUL should be in everybody's investment portfolio. It is difficult to say what will happen today but every dip in these two stocks is a buying opportunity and do no short sell them."
"I do not have an opinion on Ashok Leyland but I will not buy it."
"Two largecaps - Reliance Industries is a buying idea and Vedanta has an ongoing uptrend."
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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