Short BHEL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I wouldn't short public sector undertaking (PSU) banks even though they have shown some weakness because the rally has been smart and in general I am wary of selling and shorting any stock."

"My sense is that we are in a strong uptrend but Bharat Heavy Electricals (BHEL) is a different issue because it has shown significant weakening after that rally and even in a strong uptrending market BHEL could be choppy. It is a shorting opportunity for intraday or one-two day or for swing traders," he said.