Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Today for swing traders we have two buying ideas. One is Britannia Industries, part of the FMCG group where a small upswing can be caught. The second is Bharat Forge, again an outperformer which is breaking out from a narrow range."
"Third stock is a short sell - Mindtree. The stock for some reason has been going lower and lower, making lower highs, lower lows. So, that is a day trading short."
"I would suggest that one should remain in the financial services area, but switch to private banks. Brokerages have seen a very stupendous run up. That run up can lead to months of consolidation. So it is far better to stay in good quality stocks after such a run up. Shift from JM Financial to ICICI Bank, Axis Bank, or HDFC Bank," he said.
"One should hold on to MRF. It is an outperformer. The stock has given big rewards for investors for the last 20-30 years. Stay with it, it is outperforming in this bull market; in the next two to three years you will get higher prices."
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