Sell Shriram Transport Finance, Bank of Baroda: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Markets are unlikely to go up one way. Shriram Transport Finance is one of the short selling idea. The stock has made a bearish head and shoulder, broken down from it and distribution is clear and evident with lower levels likely to come," Sukhani said.

He further said, "Bank of Baroda is a short selling idea, I am not upbeat on public sector undertaking (PSU) banks. What we could see is a minor rally. Stocks have to do a lot of base building before they can actually go up. Bank of Baroda saw a small rally, that rally has met with resistance and I would expect it to again renew its decline. That is a short selling stock, which I would be looking at. I expect the markets are going to remain volatile and there will be opportunities on both sides."