Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Adani Ports and Special Economic Zone is a buying opportunity. The stock is an outperformer. The sharp correction on Friday gives intraday trade on the long side."
He further added, "Bajaj Finance has same story, a mild correction on Friday and a very strong outperformer. So assuming that market is choppy and some stocks bounce back today and this could be one of them."
"PC Jeweller hardly corrected. We had two days of record declines in 2017 and PC Jeweller did not feel that tremor. It's a buy and if it closes strong, you can carry this position forward. It certainly is doing something very different."
"In Interglobe Aviation (Indigo) a bearish head and shoulder is already in place and much lower levels are coming. The suggestion was to take a positional short in it and that continues. You could take a positional short and continue with that position."
"I have been bearish on all public sector undertaking (PSU) banks. Oriental Bank of Commerce (OBC) is the weakest of all PSU banks. It is an easy short," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
