Buy Petronet, Motherson Sumi; sell Dabur: Sudarshan Sukhani

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Pee Vee
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Buy Petronet, Motherson Sumi; sell Dabur: Sudarshan Sukhani

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual stocks will continue to outperform and wherever positions you have, which you want to carry forward, never be short in this market, must be only long. So, for the stocks specifically apart from the indices, the intraday call on the indices, stocks are long only story mainly."

"We have Petronet LNG where the stock is now willing to go higher after a nice and reasonable consolidation. Motherson Sumi Systems which is actually having a mild correction today; that correction comes on the back of a big rally and it is probably a buy on dips opportunity. So, there are two midcap buying ideas," he said.

"Dabur India is a short sell, it has not done anything and has underperformed the Nifty. So, on a choppy day like this, it could easily be considered for a short. All short positions should be closed by the end of the day."
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