Buy Punjab National Bank, Tata Chemicals, TVS Motor Company: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Broadly PSU banks are doing very well. They have all come out from the depths of a bear market, they have built bullish patterns and one-by-one the stocks are breaking out of those bullish patterns. So, there is an on-going theme in PSU banks, it is not just a stray sort of random movement."

"For today I have been talking about PSU banks repeatedly. In the mid-morning I had Punjab National Bank (PNB) as a buying opportunity. We have talked about other banks, Syndicate Bank, Union Bank and Canara Bank earlier. So, now as we speak, PNB is again showing some signs of thrust. The entire sector is in strong momentum, so, consider buying PNB," he said.

"TVS Motor Company has been on a roll. It is an intraday trade to buy. Finally, we have Tata Chemicals which is a trade that you would actually carry forward."

"There are two trades here. Tata Chemicals and PNB which could be carried forward and TVS Motor which is an intraday trade. Do not go short in this market."