Buy HDFC, Yes Bank, HDFC Bank: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you are an investor then you could literally close your eyes and buy any of the bluechips, it doesn't matter. You could buy HDFC Bank, Yes Bank and ICICI Bank which we are all talking about is in deep trouble, it doesn't matter. It is also going to go up, Infosys and even TCS. So, for a long term investor trying to identify a superior stock giving more return is immaterial. Almost all bluechips will do very well in the next 3-5 years. I am fairly confident that we are in a long term bull market. For the short term trader which I am addressing, I think you should simply avoid buying.""The Nifty is giving a sense of being in a very choppy environment for the short term trader. Tomorrow is hardly a good day to trade. Given today's big rally the bias should be mildly on the upside, that is for if you are taking a day trade. Beyond day trades I think you should not even carry positions for the next few days. Positional shorts should be maintained." "So, there are two different streams. One is a positional trade which is on the short side and the other is a day trade which as we speak is on the long side.""HDFC is an appropriate Nifty stock to buy. That is a buying idea for tomorrow. It is outperforming, it is just breaking out of a consolidation pattern. So, hopefully it should do better."