Buy PC Jeweller, HCL Tech, Ashok Leyland, HUL, Escorts; sell Reliance Cap: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Lifetime new closing highs were made in Ashok Leyland and that momentum should continue, so it is a buy."

"Hindustan Unilever (HUL) had a nice and decent correction - that correction entered into consolidation and a breakout could be imminent, so HUL is a buying opportunity."

"Escorts is a positional buy, very large, four month trading range was broken on Friday on the upside and that tells us that the earlier uptrend could easily resume. Of course it is a short-term buy but you might like to carry this position for Escorts for a longer period of time," he said.

"In Lupin first sign of green shoots are visible. It may not be valid but there is some evidence that a small base is under construction, so we would be willing to be bias here."

"There is a short sell in Reliance Capital. The stock is having a waterfall decline day-after-day and that decline will continue."

"I will ignore Titan Company completely. PC Jeweller is a buying opportunity and so is HCL Technologies which is more of a swing trade but it is there," he added.

"LIC Housing Finance independently is a buying opportunity. This is not about all the non-banking financial companies (NBFCs)."