Buy Vedanta, Motherson Sumi; sell NIIT Tech, hold Can Fin Homes: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are number of stocks which lend themselves to buying. Vedanta is one of them. The stock has been doing well and the chances are that the momentum should continue."

"Motherson Sumi Systems is now coming out of a very mild correction. That correction is always a buying opportunity for a good stock like this. So, that is a buy."

"NIIT Technologies from the IT pack is a short sell now. It is a day trading short sell, but it is there."

"I am not a big fan of buying what is now a smallcap stock or even companies with heavily laden debt. So for me Jaiprakash Associates is a complete no. My suggestion is that one should book profits and get out. Always good quality pays in the long run."

"I think one should hold on to Can Fin Homes. Outperforming stocks in a bull market remain outperformers for years to come. So, hold on to it. There is no target; no one thought it will reach where it has reached now. Just let it ride," he added.