Sell BEML, says Sudarshan Sukhani

Sukhani told CNBC-TV18, "At Rs 350 BEML should have started building a base and go up but it is not doing that. It hardly had an uptrend when the broad market was going up and then it has turned around again.”

He further added, “If not anything as a hedge, even as an independent shorting idea BEML stands, scrutiny is acceptable. In a market that is going up, selling short is not easy but here is a stock that could actually be sold.”