Buy Asian Paints, BPCL, HDFC, Hindalco; sell Mindtree: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have four buy ideas, the theme is still to be on the long side of the market, but for the day I would be very careful because tomorrow is a holiday and today the sense is that markets could create far more volatility than we can understand in the morning. Buy themes are there for the next three-four days.""So, Asian Paints which had a bad day yesterday and recovered is a buying opportunity which is one of a better stocks. Bharat Petroleum Corporation (BPCL) is part of the oil & gas theme which the whole sector is roaring - Oil and Natural Gas Corporation (ONGC), Cairn India and Indraprastha Gas (IGL). BPCL seems to be a buying opportunity. It is probably the best of the lot that I am discussing," he said."HDFC has rallied, it is breaking out of a large consolidation now, but given the sense that the Nifty itself is may not do much, HDFC is something you should be looking at and buy if you find it giving relative outperformance for the day.""Hindalco Industries is breaking out to new highs for the current 52-weeks, worth buying into. Mindtree is a short sell. The stock is not doing anything, so it is a relatively easy short sell. But I am not short selling anything independently," he added.