Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "While midcaps are flying, I think today will probably be a day of pause everywhere, but we have some opportunities on the long side as well as the short side."
"Divis Laboratories is a buy. After that big gap-up, Divis Lab has been consolidating for the last six weeks and that consolidation is eventually again breaking on the upside. It is a buying opportunity and worth carrying a position over the three day weekend."
"In Hexaware Technologies, where a big run-up led to a consolidation, big expansion than a long consolidation. The consolidation maybe ending in Hexaware again, so it is a buying opportunity. We are also buying at the lower end of a trading range. It is a good place to buy."
"MRPL is also a buy, it is a dip. I am assuming support is coming in MRPL, so this is a buy on support straight."
"Two short sells, Bharti Infratel which is falling day after day and Just Dial where a strong rally seems to have stalled. These trades should be done only intraday."
"Jubilant Foodworks has a good chart and it is not the end of the rally. I think there is more upside here which means it is an investing idea also a pre-Christmas swing trade if you want to buy it today as well. It is a very nice appropriate stock to sell it," he said.
"I think is far better to wait in Transformers and Rectifiers for a correction. Everything corrects, that is not a stock where any consolidation has happened, so wait," he added.
"Leave the Nifty aside focus on stocks, Apollo Tyres is just breaking from a large bullish pattern and so is Ceat and Bajaj Finserv which after many weeks is coming out and probably going towards new highs. Many midcaps but I have named three of them - Apollo Tyres, Ceat and Bajaj Finserv.
"Just buy and hold Hexaware Tech and the price targets could be very ambitious, don’t make it a day trade, carry it forward."
"Future Consumer is giving such ambitious targets, difficult even to speak about it. I think it should reach Rs 100 - three digit sooner or later."
has an excellent chart, a much better chart than Reliance Infra. Ignore Reliance Infra
and consider buying HCC. In Adani Transmission
, maybe you can wait for a consolidation. However, HCC is a buy."