Buy Adani Ports, Ambuja Cements, Siemens: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Primarily, we are looking at buying, because this market is mildly cheerful for the day and it is Adani Ports, Ambuja Cements and Siemens. Among these, Ambuja Cements and Siemens have all established upmoves already with sustainable chart patterns. So, they are not just day trades. These are two stocks where you can carry positions. Adani Ports had a V-shaped recovery which is not sustainable, so it is a day trade.""I do understand that it is quite possible that yesterday may have seen a lot of panic selling, that exhaustion selling and therefore, the selling in Lupin may well be over. The large volumes, the big decline and then the intraday rally. So, what happens after this is that the stock goes into a trading range for weeks altogether, so whether you buy now or you buy after four weeks, will not make any difference. But it is appearing that if Lupin holds on, it becomes a very attractive buy. I do not think there is any urgency. It will stay here for a long period," he said.