Nalco is likely to outperform in the short term, says Technical Analyst, Sudarshan Sukhani.
Sukhani told CNBC-TV18, "Nalco is a better chart. I think there is possibility of an investment there and it is probably at least in the short-term going to outperform Hindalco , Sterlite and the other likes. I don't know if you can actually trade in that stock but its certainly worthwhile looking at it."
At 10:21 am, the share was quoting at Rs 372, down Rs 9.95, or 2.61% with volumes of 37,743 shares. Currently it is 78.16% above the 52-week low of Rs 208.80.