Buy TCS, Hindustan Unilever, Biocon: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Given the momentum of the market we should keep in mind that we should be buying and not short selling at all. So, the buying starts with Tata Consultancy Services (TCS). It is a blue chip which is coming out of a trading range. It has actually broken out today and that break out is worth entering into on the long side."

"Another narrow range movement in Hindustan Unilever (HUL) is now probably giving way to a breakout and if the two heavy weights are breaking out then the Nifty is in very good shape," he said.

"Biocon had gone through very deep correction had come in our list a couple of times and is now moving out of a very large trading range on the upside. So that is a very interesting idea."