Sukhani told CNBC-TV18, "JSW Steel is a sell and so is Sterlite Industries, we are now looking at a decline which is primarily going to be a correction at least now to start with. So corrections are broadly difficult to trade but with that difficulty there's probably going to be some down side to Sterlite as well as to JSW Steel no matter what it does today. So both of them are short selling candidates for professional traders and other retail traders can simply step aside, don't buy now they are probably going lower."
He further added, " L&T is a blue-chip, it has done well, need not be a short candidate, it is still a buy until it reverses. But BHEL in the morning itself and Crompton also now, I think irrespective of the results the stocks should now go through a deep correction. We were all waiting for the day when this market will begin a correction. I think that day has arrived. So this point buying is probably not wise till the correction is over with."
