Sukhani told CNBC-TV18, "I would be looking to go short in Reliance whenever the opportunity arises. Today with the choppiness we have just seen and the drama going on, this is no longer the time to trade. The next 30 minutes should just be spent watching the market. For Reliance the change has not come. A lot of times the markets are driven by completely extraneous factors and we always find that after half and hour, one hour, half a day, these factors are ignored. So, at such times it is wise to step aside and let the market do what it wants.
He further added, "Towards closing today it is possible to go short in Canara Bank which has gone through a bear covering rally and has exhausted that rally and Zee Entertainment. So there are two short selling ideas, if they don't work out we are open tomorrow, you cover them otherwise you continue with them. The stop loss for Canara Bank is Rs 387, just maintain the stop loss."
