Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Oil and Natural Gas Corporation (ONGC) is in an uptrend, so perhaps it could bug the down move in the Nifty and actually go higher also - that is possible. ONGC is a buying opportunity on dip.""Aban Offshore saw strong rally and that was a V-shaped rally. I wouldn't touch it at all.""Asian Paints is not suggesting that an imminent rally is on the cards. However, an investor can buy anything but as a trader I would not buy Asian Paints or the other paint companies," he said."Maruti Suzuki on a dip is possible for an intraday buy but you have to see the surrounding, is the market stabilising. This is not a time to buy anything." "Pharma is coming out of a correction but today is not a day to buy anything but Lupin is a buying opportunity, it's an outperformer in the pharma group and as an investor one could buy it now," he added."Texmaco Rail and Engineering is a buying opportunity. It is not a day trade but it is at a strong support level and if one is looking for two months' investing idea, then this could be one."
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!
