Sell DLF, Andhra Bank, says Sudarshan Sukhani

Published on Tue, Nov 15, 2011 at 19:23 |  Source : CNBC-TV18

Updated at Tue, Nov 15, 2011 at 19:32  

94677 Investors following DLF. Share this News with them.
0
0
Share on Tumblr
Sudarshan Sukhani, technicaltrends.com

Excerpts from Closing Bell on CNBC-TV18 Watch the full show ยป

ALSO READ

Sell DLF and Andhra Bank at current levels, says Sudarshan Sukhani of technicaltrends.com.

Sukhani told CNBC-TV18, "Dish TV has broken down from support levels. If that was equivalent to the 4700 level for the Nifty, so that's not good news. Here is a strong stock that has literally collapsed. I don't think you should buy it. I think very few defensives are available for buying. For example you discussed Cipla, Sun Pharma, Dr Reddy's and HUL, ITC, that's a very small list but that's something we should keep aside, not Dish TV."

He further added, "One can short DLF, Andhra Bank and Jubilant Foods. So, one could take any two out of that. All three are moving towards much lower levels."

  

Trending News

Business News

Panasonic Lumix SZ1
Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7% "Morgan Stanley bomb: Predicts India's 2012 GDP at 5.7%"

Truce in BJP? Modi meets Advani, Vajpayee

Re-listing Guidelines Lock-in On Promoter Grp Hold For 1 Yr Fm Date Of Re-listing

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 19:15

Market may dip 10-15% this month: Jeff Chowdhry

- in FII View

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!