Sukhani told CNBC-TV18, "Delta Corp and India Infoline, they never entered into any kind of a significant uptrend. So these two stocks are, even earlier they were short selling opportunities and continue to do. Jain Irrigation and Sintex, we have to wait patiently for these short selling signals to come. They may well come in but not today."
He further added, "Banks had started this kind of decline or at least given an impression last week itself. So for the short term trader remember, the swing trader or the day trader banks should be looked at on the short side and I would be looking to sell them rather than buy them just now. For the intermediate position trader nothing has changed, one day is not enough to change the trend."
