Dont buy Mahindra and Mahindra: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises not to buy Mahindra and Mahindra and recommends to sell it.
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Jun 26, 2013, 05.59 PM | Source: CNBC-TV18

Don't buy Mahindra and Mahindra: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises not to buy Mahindra and Mahindra and recommends to sell it.

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Dont buy Mahindra and Mahindra: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises not to buy Mahindra and Mahindra and recommends to sell it.

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Sudarshan Sukhani (more)

Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One may not buy Mahindra and Mahindra (M&M). It is short sell. The only point is that among the auto stocks, it is the strongest."

"So, the sense of distribution is very visible in M&M. I would not sell it simply because we have Maruti Suzuki and even before Maruti we have Tata Motors to go and short sell. So this comes last," he added.

Also Read: Discount war threatens to topple commercial vehicle mkt


 

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