Check out: Short term picks by market experts

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

Sudarshan Sukhani, s2analytics.com
With some regret today’s winners are likely to the stocks that are moving on the downside. The market seems to have given a message that the uptrend is over. I suggest selling Arvind. Arvind had a very sharp rally; at Rs 106-107 it started a decline. That decline is continuing, a pattern of lower highs-lower lows is available and a small rally in Arvind, just two days for an upmove and five-seven days of a sideways consolidation. That consolidation has broken on the downside. So, it suggests that there are more downside levels coming in Arvind, a lot of midcap stocks show the same kind of pattern. Pantaloon Retail is another stock that one should consider going short in. Pantaloon was doing all the right things when it rallied to Rs 250-260 and then suddenly started decline. It was just copybook for many other midcap stocks, it was following them. With some regret I thought Pantaloon is bottoming out but that did not happened. Now significantly the stock is in a clear cut downtrend, after five-seven days of consolidation it broke down yesterday, suggesting today should see much lower levels as a stock seeks lower prices. So, consider selling short Pantaloon. Only professional traders should keep short positions. SP Tulsian of sptulsian.com
I am recommending LIC Housing Finance because this stock having corrected and now ruling sub Rs 240 can give a return of about 5 percent in this series because of the positive view remaining in the non banking financial companies (NBFCs) and the housing finance companies. Going forward the company is likely to be seen a beneficiary of the Budget sops having given to the housing finance company. As a part Q4 numbers also seem to be good and hence a return of 5 percent can be expected in the stock in this series.