Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Tech, JSW Energy, Hindustan Unilever and Granules India and can sell Canara Bank.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Consider buying KPIT Tech and it could actually be a longer trade. You don’t have to make it swing. There is something big going on there."
"JSW Energy where a big breakout has taken place is consolidating, I assume it will move up again."
"Hindustan Unilever (HUL) is the stock where a similar small narrow range is developing for the last 15 days. The trend is up. A breakout is imminent on the upside."
"A very interesting stock now Granules India, remember Granules was a high flyer of yesterday. Then it went into a hurdle and it has been in a range for 8 months now. It is breaking out of that range. So, that is a swing trade, of course but you could actually consider this also to be an investing idea."
"Fifth one is Canara Bank, go short," he added."CESC and Emami are two buying opportunities for the day."