Go long in Reliance Industries, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is difficult to go short now. But, the trade will come on the long side. Let this decline end. This bloodletting is probably going to happen. I also do not think that it is over. But once it is over, then the trade in both Infosys and Tata Consultancy Services (TCS) will be on the long side. That will be a much bigger trade.""There is a trade in Reliance Industries on the long side. The bounce that we could see in the stock on the back of results and on the back of an imminent breakout could be worth trading into," he said.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com