Sell Bajaj Finserv, IDFC; buy Century Textiles, IGL, hold Tata Metaliks: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual trades are mainly in midcaps and in a choppy market like this, largecaps tend to underperform. So there is Bajaj Finserv which is a short sell."

"NBFCs are having a tough time after that bank recapitalisation scheme, and Bajaj Finserv is getting the brunt of that tough time. So, Bajaj FInserv is a short sell; I think it is probably a positional short also. Most NBFCs will see lower levels before they stop falling."

"There are two buy ideas, one is Century Textiles and Industries; it has its own bull market, it is on a rally, and I think there is more upside there. The other is Indraprastha Gas (IGL), another stock which is having its independent bull market. After a small consolidation, it has broken out; again there is more upside here. Primarily a choppy market is best avoided,"  he said.

"Tata Metaliks is around Rs 760, for whatever it is worth, hold on. These are bull market stocks; what looks like Rs 760 today, could easily become Rs 2,760 by the time this bull market ends. Unless you need the money, that is a different issue, don’t sell this one; stay with it, stay with it for the duration of this bull market which could be many years and you will be pleasantly surprised, so, hold."

"Sell IDFC. There is nothing in the stock, only stories and we have seen what those stories result in - they do nothing at all. Just get out of it, and focus on private sector banks. There is a mild correction, buy any one. Buy ICICI Bank, HDFC Bank, but get out of IDFC anyway," he added.