Buy Dabur India, BPCL; sell Godrej Consumer: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The stock that I am suggesting to go short in is Godrej Consumer Products. The stock has already seen a handsome rally and has been moving sideways and that sideways shape suggest some kind of distribution is going on. A correction is imminent. So, that is a first short sell." "The other two ideas are for buying. One is Dabur India; it seems that the stock has completed its decline, a significant correction and is now slowly but steadily willing to go higher, so consider buying Dabur," he said."BPCL is remarkable in the sense that there is no correction. It goes sideways and embarks on a rally. Crude was going up and it was also going up; crude was coming down it is going up, so something very interesting is happening there. We would like to be buyers and participate in the momentum. Buy Dabur, buy BPCL consider selling Godrej Consumer."