Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bank of India (BOI) is one of the weakest PSU stocks. I am not very upbeat on PSU banks anyway. There was a small rally but that rally can probably be sold into. In any case, these short sells, all have to be protected by discipline which means use your stop losses. So, just sell it and if it doesn’t work out, you have to get out." "Strides Shasun is giving a sense that it is distributing and some of the pharmaceutical companies are giving the exact opposite that they are accumulating after a very big decline. The stock had big rally and this rally seems to be now ending with a distribution that would see that correction start in this month now. The correction that already seems to be over in stocks like Dr Reddy's Labs. So, there is a short sell here and so far as your stop losses are not hit, you can maintain a positional trade on the short side," he said."The other stock is IRB Infrastructure. The stock has completed a rally, it is one of the much weaker stocks and is easier to sell."
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