Buy GAIL India, HDFC, Voltas, Reliance Industries; sell Bharti Airtel: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Reliance Industries is making another big move. I always like to buy on consolidations, on dips, so, while Reliance is welcome to go higher and that helps the index, I am not a buyer as a short-term trader. I would wait for a consolidation and then enter that stock. However, it is a buy whenever there is a dip or a consolidation." 

"Bharti Airtel is a short sell. The stock has started making lower highs, lower lows, and that pattern on the downside is continuing. So, consider going short and then cover up by the end of the day." 

"GAIL India is a buying opportunity. It is a stock you could actually carry forward, even if you are a short term trader. It is just willing to breakout of a nice attractive trading range." 

"HDFC which had a slight setback, a mild correction is now renewing itself after that correction and is a buying opportunity. Think of these as intraday trades and if you want to carry them, if the markets are closing fairly strong, you might like to carry longs but don’t carry the shorts." 

"Infibeam’s price chart is not enough and it had a dramatic rally also. It is not just the decline. So, it is very confusing. When there is confusion, I say completely step aside and avoid the stock." 

"Voltas is a buy. Every dip and I would consider Friday to be a dip that leads us to a buying opportunity. The only reason we have to be a little circumspect is because of that holiday tomorrow. However, Voltas is in a strong uptrend, dips and consolidation should be used to go long."

Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.