Exit JSW Steel, hold IGL: Sukhani

Sukhani told CNBC-TV18, “It is a good time to get out JSW Steel  because we have already seen a decent up move. Now the stock is heading into news as well as the area between Rs 700-750 in the stock is an area of strong resistance. So it is much better to get out of it and if he wants he’ll probably get it at lower prices again.”

He further added, “I would suggest he holds on to IGL . Now IGL is prone to news because if there is anything adverse in news coming then it can have a set back. But that’s something we can't predict. On the charts it does suggest that the worst is over for IGL and it should see higher levels.”