Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Lot of midcaps are giving buying opportunities, so Engineers India is buy for the day. The stock has already bounced from its minor correction and is looking for better and higher levels."
He further added, "Tata Elxsi is a buying opportunity. The stock has been an outperformer in the midcap IT segment. That outperformance continuous, so we are buying into existing momentum."
"Voltas which has been a strong outperformer in the consumer, capital good segment wherever it is placed, it has been doing very well. So, these three ideas for short-term buying intraday as well as carrying them forward for a couple of days."
"At current levels Escorts remains a long term buy. If you are prepared to hold it for three years which is what long term should mean at least then you are going to get gains in this stock. This has been an outperformer, an outperforming stocks in a bull market continue to outperform."
"At current levels ITC is a buying opportunity. After a long time the stock has been a distinct underperformer this is a trading call, so if you are looking for investing I think ITC is best left alone. Don’t invest in ITC. If this is a trading idea I would say buy ITC, it is deeply oversold, even a relief rally can give you money in trading. So for a trader yes go and buy it."
"Hindustan Unilever is also an investment idea. You can buy HUL anytime and in three years’ time you will make money," he added.
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