Hold Cox and Kings; buy Hindustan Zinc, Bharat Forge: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Intraday trading can be on both sides. So there are opportunities for buying also. Remember all these trades we are discussing today are just intraday. Bharat Forge is a buying opportunity, perhaps the Nifty could find some stability as we speak. The second buy is Hindustan Zinc where a much better opportunity exists. Exit these trades before the close of the day."

"Third is Bharti Airtel which is a short sell. After that big decline, the stock suggests that more on the downside is coming."

"DHFL, the way forward is that you have to hold these shares. These are long term investments. Now we are already seeing how NBFCs are falling day-after-day in the last three to four days, but for a long term investor, these declines are immaterial. The bigger picture is robust, we are in a long term bull market, non-banking financial companies will continue to outperform as they have outperformed earlier. Stay with these shares, ignore the current correction, it will go away, your investments will be much higher in three years’ time.

"Hold Cox and Kings for three years. It has been an outperformer and the business it is in, is likely to grow in leaps and bounds and that is already reflecting in its stock price performance. Hold the shares, in three years you will be much happier," he added.