Pick L&T, BHEL: Sushil Kedia

Sushil Kedia, President of Association of Technical Market Analysts said, "Each sector and each stock has its own beta. But for almost last 8-9 years, the steel stocks have been making significant lower tops across years and I think in the 8-9 years kind of timeframe, maybe the next 3-6 months, maybe two months will produce that final catharsis in them and a multi-year bull market should come into them. So, I am hesitantly watching them.""If we talking very short-term, as and when we reach the lower end of the trading band on the Nifty, maybe and if I am hunting for long punts, significant long punts from within the largecap names, Larsen and Toubro (L&T), Bharat Heavy Electricals (BHEL) would be my top candidates to enter into those then," he added.