Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have buying ideas because in a choppy market there would be something to buy. Eicher Motors after a long time is building a base. A bullish head and shoulder and on the verge of a breakout, it is an opportunity traders should take."
"Tech Mahindra had a strong upmove, a small flag like decline and that should be broken on the upside today. There is a significant upmove still left in the stock."
"The most interesting is Interglobe Aviation where there is a large bullish pattern and it is on the verge of getting confirm. It is a positional buy. It does appear that IndiGo can do its own thing even if the markets were choppy or even down. So, there are three buy ideas. The shorts are very easy."
"IDFC is a short sell, there is nothing in it. This stock is likely to go much lower than where it is now."
"All cement stocks are weak, I have India Cements as a short sell," he added.
"Vedanta is a buying opportunity in spite of the rally it has seen. So, is ICICI Prudential Life Insurance and the third is Bata India. So, midcaps is the focus for the day," he said.
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