Buy Asian Paints, Maruti; sell Bata: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Asian Paints and Maruti Suzuki are on my buy list. They are old favourites and they are probably most reliable stocks. If at all the market will go up, these will go up the first. Asian pains also has a fairly bullish share pattern, a nice head and shoulder pattern, a bullish one and Maruti is a continuation, a trading range and a break out and then a trading range again in anticipation of a break out. These are two buying ideas."

"Bata India has been a very big disappointment after a sharp rally; it is a short sell. This market, this mix of buying and selling is also reflective of the market mood," he said.

Disclosure: Analyst does not have positions in the stocks