Sell Canara Bank advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com feels Canara Bank is still a short selling idea.

Sukhani told CNBC-TV18, “Canara Bank is still a short selling idea. There is no up move in this. The Nifty has moved up 15-20 points but a lot of these stocks are still languishing. Ideally we want to see some rallies because you can sell at a better price. PSU banks are still selling opportunities. The chances are that they will slide lower before they rally.”