rings = rebuild
you would be mad not to do a full rebuild while the engine is apart. by rebuild i mean rings and bearings, not hi comp pistons, cams etc!!
i'm with nick on this one you cannot expect a 100% correct diagnosis with limited info and not seeing the car over the internet!!!!
please note to building an engine is not like swapping springs, you can get it wrong and there are precise procedures that should be adhered too, if you have to ask don't do it your self easy as that.