Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree, Raymond and Titan Company and can sell NBCC and Reliance Infra.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Mindtree is the buying opportunity. There are lot of stocks among the IT sector which are still showing signs of momentum. Mindtree had a 4-day consolidation and I would expect it to again break on the upside."
"Raymond is another buying opportunity, a two week consolidation after a stupendous rally tells us that it is ready for an up move."
"Titan Company, earlier was erstwhile favourite and has been in a trading range, a small flag like formation tells us another big move is coming. So, three buying ideas and I would focus on them," he said.
"Intraday shorts selling opportunity also exits. NBCC has been falling restlessly day after day and is a short sell intraday."
"Reliance Infra which had a massive vertical rally and then stalled, all the group stocks had stalled and now it is falling. So there again a short sell is possible," he added.Idea Cellular and Tata Communications both are on the short side and only intraday but worth taking."