Sell Pidilite, CONCOR; buy Hindalco, PFC may rally: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Stocks keep on changing shapes. Pidilite Industries has been an outstanding performer. Most midcap stocks are now giving a sense that the rally is coming to at least a short term end. Pidilite is in the same category. So, it is a short sell for the traders. For anyone else, the investor, you wait patiently for these corrections to be over and buy it. But we are talking of trading. I am a trader. Pidilite is a short sell." "Century Textiles and Industries is now giving us a clear bearish pattern. There is more downside here. Power Finance Corporation (PFC) has seen a strong rally, 60 percent from Rs 150 levels, that rally continues. It has been consolidating for 3-4 days and it is quite possible in a choppy market. Some stocks will go up and PFC is a likely candidate for a rally," he said."Metals have been a favourite for me, non-ferrous especially and that continues. Hindalco Industries is a buying opportunity. A very small sideways move could resolve itself on the upside.""I also have Container Corporation of India (CONCOR) as a short sell. Concor has been falling. It has already broken support levels. The stock is in the Futures and Options segment, so it is a short and probably the decline will continue.""Infosys is only an investment buy. I would not buy any of the current rallies. Zee Entertainment is becoming some kind of an evergreen stock now in the current context. So it is a buying opportunity for a swing trader. It is just breaking out of a 10-day trading range today on the upside. It is good enough to justify a buy.""You have to wait wait for a correction and buy Adani Ports and Special Economic Zone. This is very elevated, but is not a short sell. It is a buy on a dip towards Rs 250."