Sudarshan Sukhani of s2analytics.com said today, "DCB Bank is a buying opportunity. After a big rally it's been inside a trading range for almost six weeks and that is now showing sign of an imminent breakout on the upside. So we are buying in anticipation."
"Hindustan Unilever is a buy, lifetime new highs. Buy whenever you want and it gives money. A similar story goes for Reliance Industries. So focus on these two bluechips always as a long idea," he said.
He further said, "Hero MotoCorp had a two day sharp correction, had a bounce yesterday - that rebound should take it higher. So a strong support and buying came in when it fell two days ago. I think that support holds and there is a buying opportunity in the stock."
"Two short selling ideas - SRF which is consistently falling. It is not just a correction; it is a deep correction now. Just Dial is a favourite short. It keeps on going down. I think it will go lower," he added.
ALSO READ:
Sensex up 100 points in trade today
Rupee firmed up in trade today
Rupee appreciates 5 paise against dollar in opening trade today