Buy Idea Cellular, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks individually have a lot of opportunities. Most of these opportunities are coming on the short side. Sell Housing Development Finance Corporation (HDFC). The stock is making a very unusual broadening triangle. It is a very bearish pattern. So HDFC is a short sell."

"Housing Development and Infrastructure (HDIL) is a short sell. One of the weakest real estate stocks, HDIL is something that one wants to go short in. A similar broadening pattern is in development there," he said. "Idea Cellular is a buy. The stock is doing its own thing. It is in a bull market of its own even while the broad market comes down. So Idea is a buying opportunity, but our focus and thrust should be mainly on selling."