Book profits in JSW Steel: Sukhani

Published on Sat, Nov 21, 2009 at 09:39 |  Source : CNBC-TV18

Updated at Sat, Nov 21, 2009 at 11:28  

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Sudarshan Sukhani, Technical Analyst

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Book profits in JSW Steel , says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "In JSW Steel the run ups have already been seen, the news apparently has been discounted. It has doubled itself in just a few months and now there are very visible signs that momentum is slowing down in this stock. So this is a good time to take profits. If it goes up another few percentage points you do not miss out much but chances are that it will go into a trading range now."

  

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