Short metals, stay away from Maruti Suzuki: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Steel, Hindalco Industries and Vedanta are essentially intraday opportunities only and you should understand that but my own sense is that the easier trade just for the day could be on the short side.""Tata Steel is for the day because we are in an uptrend but for the day there is a tradable short on the metals which means a short-term trader could try that trade," he said."For Maruti Suzuki, I do not think the stability is coming in. First it broke the targets we had set when we said it is going to fall. I thought it will stop at Rs 3,600, it hasn’t. The V-shaped recovery is immaterial, it is not reliable. My worry is that below Rs 3,100 there is nothing in Maruti to hold support. It could go anywhere it wants. When you see a chart like that, you don’t want to dwell in it. So for the time being, I would stay away from Maruti."