Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks are mixed. It is not a very good day to buy, not a very good day to sell either."
"Dalmia Bharat is a buying opportunity. Cement is slowly putting its act together, we had UltraTech Cement yesterday, so there is some momentum in this sector itself and Dalmia Bharat is the choice for today for buying."
"Then we have Tech Mahindra, that has been a favourite, it has gone through a long bear market, and that bear market is done with, built a large base and broken out from that. So Tech Mahindra comes as a buying opportunity on and off and traders should seriously look at it for holding positions for a longer period of time. That is a buy," he said.
"Godrej Industries is a short sell. Short selling should be done only intraday but for the day that opportunity exists."
"Pincon Spirits is a relatively new listing and yesterday it had a bad day. However, these things will happen, but beyond that, if you are looking at longer term, I think at current prices, it is worth holding on to that stock. It is in a trading range, whenever it breaks out of that range on the upside, you will get handsome returns. So, be patient; this stock market in a bull market is always a game of patience, so, be patient," he said.
"If someone is a long term investor, hold on to L&T Finance Holdings. The view is hold to this stock, you will see higher levels in the next three to five years. However, for a very short term trader, NBFCs are in a down trend. If someone is a short term trader, I would get out, exit, sell, but for long term investors, just stay there," he added.
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