Short M&M, buy Maruti Suzuki: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically the only trade is go short. Since I hate going short in a bull market this is a sort of avoid for me. However, if somebody were say brave enough, wise enough or savvy professional trader, you short Mahindra and Mahindra (M&M) and you buy Maruti Suzuki."

Mahindra and Mahindra ended at Rs 1,236.20, up Rs 1.70, or 0.14 percent on the BSE.

The share touched its 52-week high Rs 1,421 and 52-week low Rs 847 on 04 September, 2014 and 04 February, 2014, respectively.