Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Buy Ashok Leyland which is making lifetime new highs. Colgate Palmolive which is on the verge of making lifetime new highs and HDFC Bank which was doing very well but as of now I think it is an avoid. I would then prefer to replace HDFC Bank with a short in Tata Steel."
Disclosure: Analyst does not have positions in the stocks.
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