Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Godrej Consumer Products has a very attractive bullish pattern and has already broken out. I think there is more headroom here. It is a day trade; it is also a swing trade."
"JSW Steel has the same pattern, a large rally. Like Nifty it had a small correction and that correction is over and a V-shaped recovery has already started in the stock. The chances are it could see higher levels and cross the previous highs. So JSW Steel is a day trade, it is also a swing trade. Both Godrej and JSW should be held for some time."
"L&T Finance Holdings is a buy. A small dip and then a consolidation and breakout is imminent, so here we are buying almost at the lows and that sounds interesting."
"Two shorts sells - Bharti Airtel; I have been bearish on the chart for some time, when it started cracking, that bearishness continues. Cummins India has done nothing when it should be doing so much outperformance. That underperformance is a message that there is nothing there. It's a short sell but focus on the buys," he said.
"Reliance Industries is a trade almost always on the long side and because I am buying the Nifty and the Nifty Bank, I am already there in most of the largecaps."
"Indiabulls Housing Finance is a buying opportunity but not a day trade. One will have to hold it. There are rewards there. For today, Tata Consultancy Services (TCS) should also be looked at for a buy. "
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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