Buy BPCL, Lupin; sell Reliance Capital: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "You all have been talking about Lupin, that stock is building a small base after that big decline on results and for whatever it is worth, it is a buying opportunity."

"BPCL also comes on my charts. The news and the charts quite often coincides. BPCL is just breaking out, making a bullish head and shoulder and coming out of it. Oil marketing companies we have seen often do their own thing. The market does something else and these go their own way, this could happen with BPCL, so we should be on the long side of the market," he said.

"The Anil Dhirubhai Ambani Group (ADAG) offers lot of interesting shorting opportunities. In the morning we were discussing Reliance Power, now I have Reliance Capital. It is a short not just for a day trade; it is actually a positional short," he added.

Disclosure: Analyst does not have positions in the stocks.