Buy Bata, McLeod Russel, Jet Airways: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bata India is an old favourite, it is coming out of a large consolidation which is actually an accumulation. Since I am trying to avoid largecap Nifty stocks because I don’t have a bearish view on the Nifty and there is nothing to buy as of now. So, it is easier to focus on midcaps. The midcap indices are doing much better and that is reflecting. Bata is a buying opportunity. It is not just a day trade, you should be looking to buy and hold it.""McLeod Russel has kept on coming in my list. While tea by itself is a very small sub segment, the two- three tea companies, the large ones and the small ones, are all doing well. McLeod Russel is the largest of them. We have been catching this rally from Rs 150 plus onwards; that rally continues and higher levels are coming probably. So, every time there is a consolidation, you can go and buy it and that is sensible," he said."Jet Airways has come out of an accumulation after a very big decline. It is an airline company, not a favourite but the charts are bullish and upbeat. InterGlobe Aviation has the same bullish pattern, so between the two, Jet Airways is probably an easier buy. So, consider buying Jet Airways. It is a short-term trade but it is fairly good."