Short BHEL, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is a shorting opportunity. I assume that it will go all the way to Rs 150. So there is a lot of downside still left, almost 10 percent."

At 10:34 hrs Bharat Heavy Electricals was quoting at Rs 163.60, down Rs 2.05, or 1.24 percent. It has touched an intraday high of Rs 164.80 and an intraday low of Rs 161.60. The share touched its 52-week high Rs 246.00 and 52-week low Rs 100.35 on 10 December, 2012 and 20 August, 2013, respectively. Currently, it is trading 33.5 percent below its 52-week high and 63.03 percent above its 52-week low. Market capitalisation stands at Rs 40,042.74 crore.