Buy DLF, Colgate Palmolive; Axis Bank can head higher: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Axis Bank is in a very narrow range for the last three days and that is on the back of a big rally. When you have these narrow ranges after a big rally, the next breakout should be on the upside. So while the Bank Nifty itself may or may not go up, I think some banks will and Axis is the best of them. I am not upbeat on public sector undertaking (PSU) banks except for State Bank of India (SBI).""DLF is the preferred choice between Housing Development and Infrastructure (HDIL) and DLF. DLF has been in a trading range. It is now breaking out, so there seems to be more headroom unlike Indiabulls Real Estate with stupendous rally and it doubled almost, so there a lot of pause that can come in. DLF is willing to go higher. It is probably swing trade. One can buy and hold for few weeks," he said. "Colgate Palmolive (India) is worth buying. It has gone through a deep correction. It is not building a base and is coming out. I do not think the fast moving consumer goods (FMCG) companies are going to vanish in a day.""Indraprastha Gas (IGL) is showing signs of distribution and willing to go lower and it has been a blue chip earlier, so it's a short sell. I think there is more downside.""Amara Raja Batteries was an outperformer, but that outperformance is finishing. There was a sharp decline. Now the breaking up of support level suggests that it is a going into a deep correction." "Maruti Suzuki, Hero Motocorp, Bajaj Auto and Mahindra and Mahindra (M&M) are upbeat and the charts suggests that there is a significant upmove coming, but that upmove is not coming today but one should be a buyers in these stocks. However, even for the short-term at least for Maruti, I would be a buyer." "Tata Motors' yesterday's behaviour suggested that it is going to pause up that big rise. There is a buying opportunity in both Tata Motors DVR and Tata Motors, but not today.""CESC is a buying opportunity, any dip there should be a buy.""I like SKS Microfinance and LIC Housing Finance. LIC Housing has been an underperformer for now but it is not cracking. It is building base at higher levels and a breakout seems to be in the offing.""Adani Ports and Special Economic Zone is in a deep trouble, so these rallies should be avoided. It could be a trap.""There is trade in Aurobindo Pharma. It is not a day trade but it is an attractive opportunity."