Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The theme is still to buy, buy midcaps, buy whatever is sort of having momentum. So Lupin is a buying opportunity. That stock had a big decline a few months ago and since then it has consolidated, started a rally. Pharmaceutical is doing well in any case, so it is also part of momentum sector."
"The same story applies to NIIT Technologies. CNX IT broke out of a three month consolidation two days ago. There is momentum in most IT stocks and NIIT Technologies is my buying suggestion for the day."
"In UPL, there is that agro theme also. Even otherwise, the stock has been doing well. A small correction is probably behind it. So three ideas from midcaps, all for buying."
"Interglobe Aviation (IndiGo) is now in an uptrend of some kind. I think it is on the verge of a significant breakout on the upside. That can happen in a few days’ time or a few weeks’ time. However, as a short term investor, or a long term investor, hold on to IndiGo. For a short term trader, investor, I would expect Rs 1,335-1,350 as an immediate target."
"Prestige Estates has just made lifetime new highs; I always love stocks that do that, so hold on. However, this is not a short term trade. You have to have lot of patience and you will get a lot of rewards," he added.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
