May 02, 2012, 05.52 PM IST

See lower levels in PFC: Sukhani

See lower levels in PFC, says Sudarshan Sukhani, S2analytics.com.

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See lower levels in PFC , says Sudarshan Sukhani, S2analytics.com.


Sukhani told CNBC-TV18, "PFC was a short sell even last week and continues to be so now. There are lower levels coming ahead at even from the current prices. I don’t have a view on REC because it’s a little confusing since it is possible to trade in PFC itself, REC can be left alone."


He further added, "I am not upbeat on DLF . It’s probably sometimes just a matter of chance that I may be out of sync with a stock or the stock is just moving a random move, we don’t know. But I would expect DLF to eventually surrender its gains and move below."
 


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