Short Pidilite, Aurobindo Pharma: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Pidilite Industries and Aurobindo Pharma are making bearish head and shoulder pattern. Yesterday, I explained that the midcaps are giving clear signs of distress. These are only corrections; obviously the underlying theme that we are in the bull market has not changed. However, for a short-term trader, there are lot of opportunites on the short side. Auro Pharma of all the companies is making a bearish pattern and getting confirmed and another bull chip Pidilite Industries. So, consider going short in them." "For Jubilant Foodworks, the long-term charts are looking out and coming out very impressively for the long-term. For short-term, it has broken down from support level and is looking to go lower," he said.