Sudarshan Sukhani of s2analytics.com is of the view that one can buy UPL, Tech Mahindra, HDFC Bank and Ajanta Pharma and can short Balrampur Chini.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "UPL is a buying opportunity. It is an attractive swing trading buy. Tech Mahindra is likely to outperform if and when the market goes up. It is also a buy."
"HDFC Bank has been holding on while the banks were falling. That is a buy for the day and also as a carry forward trade.""Ajanta Pharma from the pharmaceutical pack is another outperformer and is a buy. Balrampur Chini is an intraday short," he added.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.