Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are opportunities, the opportunities come on both sides, long and short. So Glenmark Pharma is a short sell. Pharmaceutical has not come out of that bear market; we have those random days, one day up, two days up. Sometimes news or without news the stock goes up, but it is not sustained. So, pharmaceutical remains in a bear market and today in a choppy day, Glenmark is the choice for going short."
"The second short idea is Idea Cellular. Idea has been doing nothing and consistently going down, lower highs, lower lows, and then it has some news, some rumours, it goes up for a day and again renews its down move. So two short selling ideas. One buy idea and that is easy to say, Titan Company."
"Jewellery companies, or gold related companies are in a bull market of their own. Titan is a buying idea for the day and it is also an investing idea. So if you are looking for an investing idea in these choppy days, Titan is a good choice."
"I would not buy Amtek Auto at any price. So it is very difficult for me to say what he should expect in the next 12-18 months. My suggestion is do not dabble in news based stocks for which we have no knowledge of what the future is going to bring. So it is not worth it. Far better to invest in a company like Maruti Suzuki where you know that your money will increase consistently and regularly. So, for Amtek Auto my advice is avoid or otherwise sell, do not buy," he added.
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