Buy Torrent Power, IGL, Bata, HUL; avoid Asian Paints: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Torrent Poweris a stock that is currently moving up. Consider buying the stock and Indraprastha Gas (IGL). The entire group of oil & gas stocks - ONGC, IGL and maybe even Cairn India are doing well. So IGL is a buy idea for the day and Bata India where a sharp correction has come to an end. Strong base has already been built and a break out is available. So, Bata India is not just a day trade, it is also something you may consider buying for the near-term for a few weeks. So three midcap ideas, all for buying.""Technically for the short-term, Hindustan Unilever (HUL) looks better. HUL has rallied inspite of the turbulent times we have seen, it is also standing at a strong support level. It is in a trading range with a promise that it can break out above the range. On the other hand, Asian Paints has not given the signs that the decline is coming to an end. Therefore, for the short-term trader, HUL is a buying opportunity while Asian Paints is an avoid," he said."Ajanta Pharma is a complete avoid, this is not a buy-on-dips opportunity. No matter what the intraday movement is, just step aside and don't touch it."