Check out: Top stocks ideas by market experts

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

Sudarshan Sukhani, s2analytics.com
A large number of stocks have shown us rallies and then significant disappointments subsequent to the rally. These stocks are looking to be short sold and Adani Enterprises is one of them. Attempts to rally have failed and the decline is likely to resume again. A bearish head and shoulder pattern in the stock is now visible. Therefore, one can look to sell Adani Enterprises today as a short sell. One should remember to keep context in mind if the market opens higher, then do not rush to sell it, but the trade still remains.
In a falling market, it makes a lot of sense to identify stocks that are outperforming and buy. I would recommend Jubilant Foodworks for the day. It surprisingly is building a base and is giving a pattern of a bullish head and shoulder. It is on the verge of breaking out of that pattern to upside. Therefore, today it is possible that one can not only see a breakout, but also strong momentum. So, for the day consider buying Jubilant and if it works out, carry it also. SP Tulsian of sptulsian.com Karnataka Bank which is now ruling at Rs 140 looks a good for short-term buy because post the clarifications given by Reserve Bank of India on the new bank licensing norms, the renewed interest on the stock will be seen in due course of time. This bank is seen as a good merger and acquisition (M&A) play and one can expect a price of about Rs 149 to Rs 152 in next 10-14 days. VK Sharma of HDFC Securities
We saw positions being built in Sun TV Network. The stock rose by 2 percent in terms of price; around 4 percent positions were built on the long side. I am suggesting buying 430 Call at Rs 10, keep a stop loss at Rs 7 and for a target of around Rs 20. United Spirits closed around Rs 2485 on Monday. Fast moving consumer goods (FMCG) stocks have done well and this is one stock, which is doing well and also active in the futures and options (F&O) space. I am suggesting buying 2,500 Call around Rs 105, keep a stop loss of Rs 70 and sell around Rs 200 in the current settlement.