Sell PNB; buy Parag Milk, Prabhat Dairy, Hexaware: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you are looking to buy and hold for few weeks to months, Parag Milk and Prabhat Dairy are buying opportunities in spite of the big gains they have seen. Unfortunately, I cannot say the same about paper; paper is a dull and a deadbeat industry. Of course it can do anything, but I think it is best avoided."

He further added, "Hexaware is a buy. Midcap IT stocks are doing their own thing and they are keeping continuously in a strong momentum up trending market. So it is just one of the stocks I have selected for the day, the entire sector is a buy actually. Hexaware is a buying opportunity for the day."

"Raymond is doing something very unusual; it is having a very strong momentum, strong upside rally, minor dips. So Raymond is a buying opportunity. Just to balance it, Siemens is a short sell. However, short selling should be done only intraday, do not carry short positions forward."

"Averaging out of Cadila Healthcare is not a good idea. The prices are much lower, and you do not actually average out speculative stocks like pharmaceutical. However, hold on the stock because it has already come down to a very low level and there is some support there. There is no sense in now doing anything else except hold."

"One should sell Punjab National Bank (PNB). PSU banks are not a favourite of this market and they are likely to be underperformers consistently. This is an underperforming sector, private banks are so much better. Buy HDFC Bank or ICICI Bank and then one will be much better off," he added.