Buy Ceat, Pidilite Industries; short Capital First: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The stocks are primarily from themes that we all understand. First is Ceat which is a buying opportunity. Tyre stocks have been doing very well. A small four day correction in tyres has probably come to an end in the morning. So, Ceat is resuming its advance and it is worthwhile going into it as a long trade."

"The second is Pidilite Industries. It is already in a consolidation and today it has broken out on the upside. It is part of the FMCG pack which has been outperforming and is likely to continue doing that. So, there are two buying ideas."

"The third is short selling, short sell Capital First, short trade should be taken only for the day and exited by the evening."

"Among Ambuja Cement and ACC, I think the trade is actually coming in UltraTech Cement even though it has been rallying. That is where outperformance can probably come. ACC and Ambuja Cements I am little unclear yet," he said.