Sell Strides Shasun, Siemens, Jet Airways; buy HCL Tech, Britannia: Sudarshan Sukhani

Sudarshan Sukhani

Technical Analyst | s2analytics.com

• Sell Strides Shasun, Siemens, Jet Airways; buy HCL Tech, Britannia: Sudarshan Sukhani

• Buy V-Guard, ICICI Pru, IGL, IFB Industries; short Reliance Infra: Sudarshan Sukhani

• Buy ACC, IndusInd Bank, Just Dial, hold JP Associates; sell BHEL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Strides Shasun is a short sell. It has been making new lows, a very tepid rally and just failed and fizzled yesterday. Jet Airways is a short. A small rally was a bearish flag. Significantly lower levels could be coming."

"Siemens is a short sell. It is one of the few capital goods stocks which is making new lows consistently, something is wrong there."

"There are two buying ideas because market could be choppy. I have no idea about today's market. If choppy market exists then HCL Technologies is a buy. The stock is an outperformer and similarly Britannia Industries; the stock closed higher yesterday when the whole market was in a topsy-turvy," he said.

"Reliance Industries and Hindustan Unilever are outperforming stocks. They will fall less. So we should not short them but they will fall."