Sell Bajaj Auto, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would be a seller in Bajaj Auto. The stock is going to go through a deeper correction, so I would be selling it."

At 13:35 hrs Bajaj Auto was quoting at Rs 1,919, down Rs 16.05, or 0.83 percent. It has touched an intraday high of Rs 1,947.35 and an intraday low of Rs 1,912.90. The share touched its 52-week high Rs 2,228.95 and 52-week low Rs 1,704.95 on 03 January, 2013 and 04 April, 2013, respectively. Currently, it is trading 13.91 percent below its 52-week high and 12.55 percent above its 52-week low. Market capitalisation stands at Rs 55,529.53 crore. Disclosure: He has no personal holdings in the stock, he has positions in Nifty.