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May 04, 2012, 01.32 PM IST
Sudarshan Sukhani, s2analytics.com is of the view that lot more downside left in Bank Nifty.
Sudarshan Sukhani, s2analytics.com is of the view that lot more downside left in Bank Nifty.
Sukhani told CNBC-TV18, "Once a stock or an index starts falling shorting requires certain skills, but for traders who are looking to short the Bank Nifty either short now, keep a 200 point stop loss or wait for small rallies. The stop loss is still 10200-10150. The target for this down move is somewhere between 9750-9800. So there is a lot more downside left here."
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