Short Orchid Chemicals: Sudarshan Sukhani

Sukhani told CNBC-TV18, "Orchid Chemicals and Pharmaceuticals is in a big mess, it’s now on the verge of breaking the Rs 100 level. That’s not the way a good stock should behave. It’s falling and not stopping. So Orchid is a short sell although that short sell should be taken only if we get a view that the markets remain choppy."

He further added, " ACC is making new highs just as Ambuja Cement and UltraTech Cement are making. Yesterday there was a new high and these new highs are usually accompanied by a follow-through on the subsequent days and that is happening with cement regularly. So we want to go long in ACC preferably on some kind of morning or intraday dip."

Disclosure: I have no holdings in the above stocks.