Buy Havells India, Infosys, M&M Financial; avoid JK Tyre: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The word accumulate refers to investors. If you want to accumulate, all times are good. We are going to go much higher in the next few years. I am talking about trading ideas, so, starting with Havells India, it is a buying opportunity for the short-term trader. It is just coming out of a congestion and looking towards increased momentum on the upside."

"Second is Infosys. I have been upbeat on IT stocks for the last 10 days. The chart patterns were bullish and that is working out. So, Infosys is a second buy that I am suggesting," he said.

"The third is M&M Financial Services. The stock has seen a handsome rally and it is now outperforming almost all the other NBFCs. That outperformance is likely to continue. So, for the day, there are three ideas, all for buying."

"JK Tyre is at best an avoid. Numbers were disappointing, sometimes stocks go up just because they are in upside momentum but it is likely to face strong resistance. The tyre stock that should be looked into is Apollo Tyres. It has had a very minor correction and that would be a buying opportunity."