Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Best is over for now for most stocks and that is only relative, which means for the next few weeks once the bull market resumes, things will become better but Voltas has done its bit."
"I would expect this is only the beginning of a much deeper correction. So for Voltas as well as Crompton Greaves, the trade here is to go short," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!