Buy Godrej Consumer, Petronet LNG, L&T Finance, Bajaj Finance; exit Infosys: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "With this momentum and the midcaps doing rather well, most of the stocks should be on the long side. So I have all the three ideas to buy. The first is Godrej Consumer Products. FMCG has been a favourite sector. Godrej Consumer is coming out of a big correction and again moving up."

"The second is L&T Finance Holdings. L&T Finance has been an outstanding outperformer and that continues. So even at current level there is a momentum buy here for short term traders."

"Petronet LNG is actually a positional trading idea. You can buy it for the day, for a couple of days but you can also buy it as a short term investment. There is a significant up move likely in Petronet. So all said and done, it is a cheerful market. We may and we will consolidate, but we should be buying," he said.

"There is no right time in a bull market because you buy at any point and hopefully prices will be higher after three years. When we are buying, we are buying almost buying lifetime new highs in most good quality stocks. The right time is probably the lows of any correction and we can never catch those lows. So, this is a good time to buy Bajaj Finance. Hold on for three years and you will get very good rewards."

"Infosys has a buyback; I do not know exactly what the equation will be. However, please do not add; if you have the courage and in trading you must have it, then exit, sell and get out," he added.