Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Chemicals rallied from Rs 240 to Rs 275. It is doing very well and this should now be the beginning of a new bull market for this stock. It is a nice stock to be in and maybe hold on."
"Mahindra and Mahindra (M&M) has gone through a deep correction and started a rally. I am upbeat on auto and it is not M&M alone, Maruti Suzuki is also in the same class, you want to buy it on every dip. So, for tomorrow I would say buying M&M and Tata Chemicals makes sense," he added.
"Selling UltraTech Cement is a good idea because the stock has been in a trading range and is now breaking down. It is a low volatile, low beta stock, nothing much will come out of it. However, whatever it gives we should take."
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!