Sudarshan Sukhani, s2analytics.com advises traders to buy Bajaj Auto on dips.
Sukhani told CNBC-TV18, " Hero MotoCorp has disappointed. It has broken support levels, we don't buy it. We don't actually go short in it because the stock is still trading at levels where short selling is risky but Bajaj Auto after the decline is a buy. It is a buy on dips."
Sudarshan Sukhani, s2analytics.com advises traders to short Reliance Power .
Sukhani told CNBC-TV18, "The ADAG pack is again weakening. Reliance Power is a short sell,Reliance Communication and Reliance Infra . The entire group seems to be getting better and is breaking towards new lows."
According to Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, any pullback towards Rs 195-200 should be used to exit Ambuja Cements .
Agarwal told CNBC-TV18, "Ambuja Cement had given a sell signal much earlier around Rs 200. So any pullback towards Rs 195-200 should be used to exit. I do not think much upside in this stock is left."
Sudarshan Sukhani, s2analytics.com is of the view that one can buy DLF.
Sukhani told CNBC-TV18, " DLF is on my buy list and I would be a buyer in DLF. If the Nifty stops its falls then DLF is a perfect opportunity to go long into."
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