Short Just Dial, McLeod Russel: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "On a gap up market short selling is always a difficult task but they are not conditional. Just Dial and McLeod Russel are very weak. Just Dial has been a favourite short sell and it keeps on coming down. It is in a very narrow trading range. If you see the charts, it is locked and almost on the verge of a breakdown. So, if there is a rally in the morning and then you can sell in strength, then nothing is locked." "The same story comes with McLeod Russel. It is a tea stock, a commodity stock but something has gone wrong. It has fallen 35 percent and again strong support levels are being threatened repeatedly. So, both are comfortable shorts," he said."Apart from M&M Financial, LIC Housing Finance is also a buying opportunity."