Short DLF, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "DLF and Hindalco Industries are giving signs of a very firm distribution pattern and a large head and shoulder. They are not breaking down but I think the breakdown is eminent. This is the reason why we are not very keen to go into the markets just now. There is lot of confusion and it is far better to focus on individual stocks."

"Hindalco is giving us that same sense, it is breaking down. DLF is giving us a sense of a major breakdown, so you just short," he said.