Jul 06, 2013, 02.27 PM | Source: CNBC-TV18
According to Sudarshan Sukhani of s2analytics.com, one may sell Dish TV as it has broken down from all kind of support levels. He also recommends selling IRB Infrastructure Developers.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
"Last week Dish TV broke its last support levels. There is a free fall here. I don't know what is going on, but Dish TV is a short sell. The second short sell is IRB Infrastructure Developer . I had thought that IRB Infra downtrend should get arrested somewhere around Rs 100. However, that hasn't happened and it has broken that level also. Traders could position themselves well on the short side in these two stocks," Sukhani added.
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