Buy HPCL, HDFC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There are some very attractive buying opportunities in largecaps which is the reason I am not sure if the index is falling quickly and immediately, it may but Housing Development Finance Corporation (HDFC) is a buy. The stock closed very well on Friday. It has been in a consistent uptrend and has finally started outperforming. In fact even HDFC Bank is a buy but I am talking about HDFC just now."He further added, "The second buy is Hindustan Petroleum Corporation (HPCL). Both the petrochemical companies, downstream companies,BPCL, HPCL have very attractive charts and that also is the case with Oil and Natural Gas Corporation (ONGC), Reliance Industries. So, there is a theme that is developing. I am not sure what the reason is for the theme but there is something going on there. So, HPCL is also a buying opportunity. Most of the stocks are avoids are short sells."Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com