Buy BEML, Motherson Sumi Systems; short United Spirits, Ajanta Pharma: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "BEML is already on a roll and that rally should continue. Motherson Sumi Systems has already broken out of earlier trading ranges, it is having strong momentum. These are short-term buying ideas but they are there."

"Interglobe Aviation has been doing nothing but does suggest that small rally could be in the offing. I do not have heavyweight because I am not sure about index, whatever I had, I shared the view," he said.

"I have two short calls. One is United Spirits, it is falling everyday and second is Ajanta Pharma from the pharmaceutical pack. It is not yet bullish, lower levels may be coming.