Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Because we are buying the indices anyway the trades are mainly in the midcaps. Tech Mahindra which is having a sustain rally is at new highs again, for this period is a buying opportunity."
"I also have United Breweries as a buy. It had a parabolic rally and that rally should continue in spite of some news that I was just reading, doesn’t matter that rally should continue."
"Tata Steel where a nice correction is probably coming to an end. It is possible that metals may also outperform as a sector. So, we are looking at Tata Steel for the day but perhaps this theme will continue."
"Raymond where a new highs has been made, a minor correction has come in and that should again resume its upward march. You could buy any good quality stock today."
"I have Kaveri Seed as a short sell just to keep it a little balanced. I would think private sector banks and Reliance Industries would be the biggest performer, only reason I am saying is because of the charts that they show," he added.
"ICICI Bank, Reliance and Vedanta all three can be independently bought into."
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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