Short Bajaj Auto, advises Amit Harchekar

Amit Harchekar of A Plus Analytics told CNBC-TV18, "Bajaj Auto is going through a phase of short rollover. Major short build up is happening at a price of around Rs 2095-2100. Most importantly today the stock has already breached weekly support line below Rs 2035."

"We are expecting a further slide in Bajaj Auto all the way towards Rs 1900-1920 which again turns out to be the long-term support zone. So, from a trading perspective one can short even at current level; maintain a stop loss of Rs 2100," he said.

Disclosure: Analyst has recommended the stock to his clients but has no personal holdings.