Check out: Top stock ideas by 3 market experts

In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral give top pick for the day

Sudarshan Sukhani, s2analytics.com
Markets go in cycles, which means stocks can move up and go much higher than we imagine and eventually the stocks that move up will begin a process of distribution. One such stock that is now suggesting a distribution and offering a short selling opportunity is Mcleod Russel. It has moved up from Rs 200 to almost Rs 400. At this point for the last 20 days it has been moving choppily and the pattern that now emerges suggests that it is getting distributed. It has broken down from the first support levels that it had and suggests that more downside is in the offing. So look at selling Mcleod Russel for today.
Markets are volatile and choppy with stunning bouts of decline as well as rallies. So I suppose it is possible to identify buying as well as selling candidates. One unusual buy candidate is Jain Irrigation and should be considered for buying today. Jain Irrigation has been in a downtrend, then turned choppy and now suggests that at least a short-term upmove could be in the offing. Some fundamental news is there to back it up, but we are looking purely at the technicals and technically the stock has now moved out of a narrow trading range breaking on the upside. So consider buying Jain Irrigation today. SP Tulsian, sptulsian.com
I am recommending Karnataka Bank which is now ruling at about Rs 145 or so. The private sector banking license story is going to get heated in the time to come and this is seen as a takeover candidate, because there are no identified promoters. They have a very strong presence with about 475 branches, per branch valuation working out at about Rs 5.5 crore per branch and the kind of trading and the value buying which we see keep emerging into the stock can make it move very fast. I am expecting that probably the share can move to about Rs 160 or so in the month of March and hence the buying at the current price is advised. Hemant Thukral
First stock strategy for the day is a midcap media stock Sun TV. What we have seen in this stock is that yesterday 14 percent fresh open interest has been built up, with the premium increasing from cash levels clearly telling that lot of long open interest is being added up here. Clearly we see Sun TV retesting the next resistance band of Rs 460-465. So traders should go long keeping a stop loss of Rs 440.
We have seen that Reliance Communication has rebounded from very strong support band of Rs 60-63. The rebound has happened on back of 7 percent open interest being added up on the long side as the cost has improved. It is heading towards the 50-days moving average zone that is between Rs 74-75. So traders should take a fresh long position keeping a stop loss of Rs 63 which has formed a strong support band for RComm.