Short Canara Bank, on verge of breakdown: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I wouldn't short Bank of Baroda (BoB). I am surprised to see how public sector undertaking (PSU) banks are now being divided into two parts. Canara Bank, UCO Bank, Andhra Bank and Bank of India are easy short sells. Canara Bank is on the verge of a breakdown."At 09:32 hrs Canara Bank was quoting at Rs 275.10, down Rs 4.15, or 1.49 percent. It has touched an intraday high of Rs 279.35 and an intraday low of Rs 275.