Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Yes Bank is a buy. A nice and decent correction seems to be getting over and that would be interesting, what the impact of these banks whether Kotak Mahindra Bank or Yes Bank is on the Bank Nifty, we will find out.
"The other buy is Jubilant Foodworks. A nice trading range and a bullish pattern in the offing after a big rally suggest much more upside is here, a momentum buy; buy for few days but go long."
"Kajaria Ceramics is in my list for the day and it is a much larger buying opportunity, buy it for a positional trade. If it breaks out you should be long now and if you start making money, stick with this stock, much higher levels are coming."
"Torrent Power has been an outperformer in the power pack. A small correction and a resumption of the outperformance is likely. Bharti Airtel is a short sell. The charts are horribly bearish now, suggesting that something messy is going on in that sector."
"Coal India has a bullish head and shoulder and a breakout. After yesterday's narrow range there is a more traction on the upside. Maruti Suzuki India had a down day yesterday. One can expect a rally today."
"Look at the IT pack, something is going on there. HCL Technologies is a swing trading opportunity, buy and hold for few days," he added.
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