Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I am a little upbeat on the Nifty. Asian Paints had a bullish head and shoulder. It broke out of that after 3-4 days of consolidation. It is likely to see a nice upmove. So, it is a buying opportunity.""In Larsen and Toubro (L&T), I have a buy. The stock is just breaking out. That is the reason why I get a sense that the Nifty could do something good. L&T is worth buying into," he said. "The same story is with Lupin. The stock had a big uptick. The idea is that we do not buy these big breakouts, we wait patiently. That consolidation has come about for the next five days. The stock went nowhere. But the big breakout tells us that the trend is now up. So, buy Lupin.""Zee Entertainment has been a favourite. I do not know what it is doing and why it goes up, but it is now at new highs again. It is a buy."
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