Stock specific Sukhani has a buy on Siemens, HUL, Dr Reddys, Britannia Industries and sell on Coal India, CESC.
According to Deven Choksey, fundamentally there is no reason for any concern because valuations still look attractive. Market is currently in oversold zone, so one could see buying at lower levels, feels Choksey.
Sudarshan Sukhani of s2analytics.com says it is difficult to predict the market move and does not think market will see a rally. It is very choppy and not the time to buy anything, he adds.
The Bank Nifty today is a buying opportunity, especially after yesterday's price movement says Sudarshan Sukhani.
Sudarshan Sukhani s2analytics.com is of the view that one must go long in the market now. He sees strong support for the Nifty at 5950-6000.
Dr Reddys Laboratories had a small correction which may be over and one can think of buying it, says Sudarshan Sukhani of s2analytics.com.
Jindal Steel and Power (JSPL) is a buy for the short-term momentum trader because steel stocks have done something very nice, they have made bullish patterns and broken out of it, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that the Nifty has not yet completed its downmove, and that it will decisively crack 5200 soon.